Yes along with eg JBH it has been permanently undervalued relative to performance. I guess we should be happy that we can buy companies that have averaged around p/e 12-13 (considerably below that now) over last decade or so for exceptional and sustained total return numbers. Its weird but kind of fun to see the market get it wrong long term for certain businesses. For example, Amazon was supposed to have killed JBH like years ago.
Ann: Macquarie Conference Investor Presentation, page-21
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add NCK (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$13.81 |
Change
-0.010(0.07%) |
Mkt cap ! $1.177B | |||
| Open | High | Low | Value | Volume |
| $13.70 | $13.91 | $13.70 | $2.279M | 165.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2777 | $13.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.91 | 3838 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| NCK (ASX) Chart |