As an investor - what more important , ROE or your total risk adjusted return. I have always focused on risk adjusted return so for example if I look at my return profile possibilities over the next 3 months I can extract a 15- 20 % return relatively easily and my risk of losing money is very small. At 18.5 c I can achieve about 5.5% from the divi leaving me the need to only see a SP increase of 1.5% to make 15% . That SP increase will be simply the company moving to current cash and receivables to the likely new level of cash and receivables . The Quarterly cash accumulation which should be solid should inturn create at least a small sentiment boost that should see another 1 c lift st least ( good reports have historically seen a 2-5c move )
Now the down side is the stock has to fall below 17.5c before I lose due to the dividend and if it does it simply means it will be trading sub cash and receivables. As valueseeker has been arguing for years , once GRR passes its capital intensive phase ( which it has ) cash flow accumulation will pick up . The 2018 year is the start of this period so increases in NTA alone should do the trick and with a dividend that should be 2c per annum going forward a 15% grossed up return is already penciled in
- Forums
- ASX - By Stock
- GRR
- Trading at cash and receivables and PE of 4
Trading at cash and receivables and PE of 4, page-7
-
- There are more pages in this discussion • 9 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 GRR (ASX) to my watchlist
|
|||||
Last
35.5¢ |
Change
-0.005(1.39%) |
Mkt cap ! $416.6M |
Open | High | Low | Value | Volume |
36.0¢ | 36.5¢ | 35.0¢ | $366.3K | 1.033M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
34 | 147282 | 35.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
35.5¢ | 84865 | 17 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
33 | 119511 | 0.350 |
20 | 314633 | 0.345 |
9 | 615284 | 0.340 |
12 | 234285 | 0.335 |
11 | 441483 | 0.330 |
Price($) | Vol. | No. |
---|---|---|
0.355 | 81866 | 16 |
0.360 | 177884 | 16 |
0.365 | 189176 | 5 |
0.370 | 94392 | 4 |
0.375 | 181335 | 5 |
Last trade - 13.43pm 21/06/2024 (20 minute delay) ? |
Featured News
GRR (ASX) Chart |
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online