NHF 1.97% $6.98 nib holdings limited

Ann: Appendix 4E & 2018 Annual Report, page-4

  1. 16,542 Posts.
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    "I would be interested in your thoughts on what you consider to be a good buying opportunity in the coming months. Looking expensive at current levels given consensus price target $6.00 (10 analysts). Trading on a PE around 25 which does not appear commensurate with forecast EPS Growth."

    @Arpeebee

    Not sure how you come to a P/E of 25x; I make it more like 21x (660cps share price on underlying EPS of 32cps).

    At any rate, either way it isn't cheap, I don't think.

    I have been happy in the past to add to my holdings in NHF when its P/E has been in the late-teens, i.e., a share price around $5.50 based on the current earnings of the company. (I just checked my records to see if my actions match my words, and yes, the last purchases of the stock I made were at share prices of $5.36 and $5.52).
 
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Last
$6.98
Change
-0.140(1.97%)
Mkt cap ! $3.385B
Open High Low Value Volume
$7.07 $7.07 $6.97 $5.715M 816.7K

Buyers (Bids)

No. Vol. Price($)
2 3938 $6.98
 

Sellers (Offers)

Price($) Vol. No.
$7.00 49574 5
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