IFM has been a beneficiary I think of the SNX takeover -quality techs with earnings are still in demand. Genuine global player with diversified currency risks and great margins - a really good story.
Full year result should be a beauty - little risk of disappointment given they report unaudited figures on a quarterly basis.
Given previous track record and projected growth fundamentals are cheap, and thanks to SNX there should be a the occasional bit of takeover froth.
Short term I'd say 1.20 is easily achievable on back of FY03 result.
IFM has been a beneficiary I think of the SNX takeover -quality...
Add IFM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.65 |
Change
0.045(2.81%) |
Mkt cap ! $618.1M | |||
| Open | High | Low | Value | Volume |
| $1.61 | $1.66 | $1.58 | $280.9K | 172.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1852 | $1.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.65 | 6240 | 1 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| IFM (ASX) Chart |