LIC 1.23% $12.09 lifestyle communities limited

re: Ann: Appendix 4D and Half Yearly Financia... Assets up,...

  1. 35 Posts.
    re: Ann: Appendix 4D and Half Yearly Financia... Assets up, sales up, margin up, profit up.
    What more can you ask?

    No reaction from the market though.

    Half year profit: 6.4cps.
    Annualised at P/E of 14 indicates SP = $1.79.
    Even then, a P/E of 14 seems conservative to me, given recent earnings growth.

    This stock appears very undervalued. There must be risks I'm not seeing.

    I look forward to the FY.
 
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