EVG 0.00% 2.1¢ evion group nl

EVION GROUP GENERAL DISCUSSION, page-1168

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    According to Morningstar (who I know some pooh-pooh on HC but which I suspect is to suit their agenda and narrative at the time) suggests EVG's Book Value to be 0.038 (0.021 on the 18th + 81.4% = 0.038).

    https://hotcopper.com.au/data/attachments/6326/6326238-c915f86cbe6657ad49f07da7745cd594.jpg

    However, how the heck can such an analysis be accurate when even a company CFO would likely not know the weekly (let alone the daily) Book Value. The implication is that the only time such data is accurate (and relevant) is the day on which financial reports are based. Sure, guesstimates can be made based on assumed earnings and outgoings but all eyes will be on the next financial report.

    What is interesting in the Morningstar breakdown is how we compare to the sector which is 62% undervalued based on BV averages, for example. EVG's SP volatility is higher than the average.

    Is it fair to anticipate, @Cranium73, that brokers and savvy investors will be looking specifically at where cash has been spent and what revenue has been earnt? That will obviously affect our BV and other metrics. But what will be of most relevance to them, do you reckon?
 
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