CKF collins foods limited

denensive and undervalued, page-23

  1. asf
    9,887 Posts.
    At the moment, the market is saying CKF was 50% overpriced. MYR fell from $4.10 to about $2.00, and has risen again, but has a very good dividend- at $2.45, the dividend is 9.2% + franking. The dividend of CKF @ 7% (currently, but could lower with this downgrade) is not, I believe, payable until the 2nd half of 2012. Maybe the market will pull the SP lower until the dividend is akin to MYR, DJ's, and some of the other comparable stock. Because it's fallen to half its IPO price, there would be a tendency to think it's a bargain, but it could still be a value trap. As it's so new, the market still can't determine a price for the "resting place" that all stocks have, all things being equal.

    Certainly a good one to watch. I'll be interested to see how it goes on dark red days.
 
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(20min delay)
Last
$9.10
Change
-0.020(0.22%)
Mkt cap ! $1.073B
Open High Low Value Volume
$9.11 $9.19 $9.05 $2.829M 310.4K

Buyers (Bids)

No. Vol. Price($)
3 122 $9.10
 

Sellers (Offers)

Price($) Vol. No.
$9.17 3055 1
View Market Depth
Last trade - 16.10pm 25/07/2025 (20 minute delay) ?
CKF (ASX) Chart
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