During 2022 the supply cost of a container of furniture was US$8000 for NCK. And even so NCK reported a massive +70% increase in profit. They now pay a huge drop in container price of US$800. So it computes that they can now reduce prices to attract the cash strapped buyers. I think the profit will continue to be good.Moreover NCK is now undervalued at the current price of around $10.20 which is around 23.6% below its estimated Fair Value of $13.38.And it has also increased its Dividend. Current Yields 7.38%It's a wonderful well managed company with great sofas and customer service. Hold it for long time
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- An Undervalued wonderfully well managed company
An Undervalued wonderfully well managed company
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Last
$15.55 |
Change
-0.220(1.40%) |
Mkt cap ! $1.325B |
Open | High | Low | Value | Volume |
$15.69 | $15.76 | $15.26 | $10.01M | 645.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1700 | $15.55 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$15.66 | 26 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 65 | 15.280 |
1 | 350 | 15.250 |
3 | 5430 | 15.100 |
1 | 66 | 15.020 |
1 | 200 | 14.950 |
Price($) | Vol. | No. |
---|---|---|
14.780 | 236 | 1 |
15.050 | 47 | 1 |
15.550 | 52 | 2 |
15.770 | 47 | 2 |
15.800 | 565 | 2 |
Last trade - 16.10pm 28/08/2024 (20 minute delay) ? |
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NCK (ASX) Chart |
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HAR
HARANGA RESOURCES LIMITED.
Peter Batten, MD
Peter Batten
MD
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