As i mentiomed earlier, $1billion valuation for a company that is earning $100m per annum is really cheap.
Assuming 4cents divvy for 50 years.
The market only wants to see a constant divvy to be able to fully valuate it.
The price should of never reached below 10cents pre-privatisation, but that is share market and can not control it.
I have seen stocks that have grown about 2000 fold before any earning release, just based on speculation.
In addition to that, most stocks trade at around 30-40 PE before they face correction. Based on that, we are looking at around $1.5-$2.0
Call me mad, but that what my experience tells me.
Going private, was more likely Palinghurst strategy to get a free mine, but it looks like it has failed. Thanks to the director that bought 20m shares just before going private. I had a huge confidence in him.
- Forums
- ASX - By Stock
- JMS
- Maybe a good time to relist
Maybe a good time to relist, page-20
-
- There are more pages in this discussion • 61 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add JMS (ASX) to my watchlist
(20min delay)
|
|||||
Last
16.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $323.4M |
Open | High | Low | Value | Volume |
16.5¢ | 16.5¢ | 16.0¢ | $51.3K | 311.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
27 | 715258 | 16.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.5¢ | 84750 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
25 | 627026 | 0.160 |
25 | 1193220 | 0.155 |
20 | 1066220 | 0.150 |
14 | 487553 | 0.145 |
10 | 1189267 | 0.140 |
Price($) | Vol. | No. |
---|---|---|
0.165 | 85112 | 4 |
0.170 | 549127 | 12 |
0.175 | 428760 | 9 |
0.180 | 225717 | 8 |
0.185 | 159662 | 8 |
Last trade - 11.27am 06/09/2024 (20 minute delay) ? |
Featured News
JMS (ASX) Chart |