CDD is a company which has grown 50% each year. Management has proced to be excellant.
An valuation by "UBS" boys is below:
CDD::
Balance Sheet Strong
At 31/12/08 net debt to equity was 22%. The company raised a $20m capital recently to bring the gearing below 10%. Group well placed to fund acquisitions.
Valuation
We value CDD on a dcf basis (WACC 12.2%, terminal growth 1%) at $4.60-$5.00 presuming no future acquisitions. Our share price target is set at the bottom of this range.
just hit $9 bucks, page-12
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Last
$26.42 |
Change
0.170(0.65%) |
Mkt cap ! $3.831B | |||
| Open | High | Low | Value | Volume |
| $26.41 | $26.43 | $26.38 | $208.6K | 7.902K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 158 | $26.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $26.43 | 45 | 2 |
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| Last trade - 10.15am 12/08/2024 (20 minute delay) ? |
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