Perpetual has been lading up over 11m since the big drop to 47c.
I reckon the worst time is over and slow recovery is under way.
Positive cash flow for the first half year +$3.6m
Low gearing ratio 18.3%
Gross loan facilities $87.85m
Used loan facilities - $48.8m
Undrawn loan facilities $39.05m available
Second half year usually has large operating cash flow, around $8m
EBITDA for second half between $22m to $26m
Without one off provision adjustment, FY2016 EBITDA would be $43m.
Conservative Valuation = $43m x 5 - net debt $32m = $1.06 per share
For listed companies, usually use PE which results in a much higher valuation in this case.
Top 4 shareholders, hold around 68% of the total issued shares.
Once all these negatives have been absorbed and forgotten, share price will rise, IMO.
This stock would be silimar to SWM as I posted four months ago, is a safe and "low" return bet.
(SWM +31% in four months)
I expect SHJ to head above $1 over next few months.
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Last
80.5¢ |
Change
0.005(0.63%) |
Mkt cap ! $139.4M |
Open | High | Low | Value | Volume |
81.5¢ | 81.5¢ | 80.5¢ | $11 | 13 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 30001 | 80.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
84.5¢ | 2500 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 30000 | 0.805 |
1 | 9423 | 0.800 |
1 | 32012 | 0.780 |
1 | 1405 | 0.710 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.850 | 26358 | 4 |
0.890 | 9572 | 1 |
0.900 | 5000 | 1 |
0.920 | 19801 | 1 |
0.940 | 20276 | 1 |
Last trade - 10.11am 27/09/2024 (20 minute delay) ? |
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SHJ (ASX) Chart |