In the last ~10years the share price has gone nowhere, so if you're not someone who actively trades the ups and downs then the only return has been dividends. Divs have been about 4-4.5%, so slightly above inflation but not by much. Earnings have been flat despite the fact that CGF pays out less than 50% as divs, so those 10years worth of retained earnings (roughly $600m) have basically just been torched as they're not evident in either the share price or in grown earnings.
As madamswer said, CGF need to maintain solid results over several consecutive halves. They need to show they're achieving some growth with the earnings they're retaining, because otherwise they're basically just a term deposit with bad volatility.
- Forums
- ASX - By Stock
- Ann: 1H24 Market Release
In the last ~10years the share price has gone nowhere, so if...
- There are more pages in this discussion • 7 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 CGF (ASX) to my watchlist
(20min delay)
|
|||||
Last
$6.56 |
Change
-0.120(1.80%) |
Mkt cap ! $4.533B |
Open | High | Low | Value | Volume |
$6.65 | $6.71 | $6.53 | $7.326M | 1.115M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 13152 | $6.55 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.57 | 9116 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 8629 | 6.530 |
1 | 5960 | 6.520 |
3 | 17979 | 6.510 |
2 | 5907 | 6.500 |
1 | 5000 | 6.490 |
Price($) | Vol. | No. |
---|---|---|
6.580 | 8629 | 5 |
6.590 | 5960 | 1 |
6.600 | 10960 | 2 |
6.660 | 121 | 1 |
6.710 | 469 | 1 |
Last trade - 16.10pm 04/06/2024 (20 minute delay) ? |
|
|||||
Last
$6.56 |
  |
Change
-0.120 ( 1.67 %) |
|||
Open | High | Low | Volume | ||
$6.67 | $6.71 | $6.53 | 133097 | ||
Last updated 15.59pm 04/06/2024 ? |
Featured News
CGF (ASX) Chart |