I think the full year earning will come in at around 50cps… market expectation is for another good growth in the 2nd half of the year…
if 50cps is achieved, $12 will be a PE of 24… reasonable for a company achieving double digit growth…
it all depends on how the market views codan… it seems like tech is making a comeback and codan maybe seen as a tech growth stock and it may head back to $20… unlikely but possible…
i would think fair value is around the $12-$14 mark…
Ann: FY24 Half Year Investor Presentation, page-16
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Last
$12.00 |
Change
-0.040(0.33%) |
Mkt cap ! $2.175B | |||
| Open | High | Low | Value | Volume |
| $11.95 | $12.01 | $11.90 | $4.095M | 342.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 770 | $11.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.00 | 8818 | 3 |
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| Last trade - 16.10pm 22/07/2024 (20 minute delay) ? |
| CDA (ASX) Chart |