Looks like I'll be able to buy back my entire position sub 50c if this seller keeps hanging around.
I think John De Zwart is setting up CAF up for a few years of impressive growth. The initiatives he's put in place look quite exciting, and I think profits on the funds management side will surprise in the coming years.
As for FY15 I think its on an underlying forward PE of about 9-10x. A re-rating to closer to 15x is fair given comparables in the sector, so outside of any higher than expected claims or regulatory changes, I think there's a good ~50% upside in the next 3-6 months from current levels.
Ann: Chairman's & Managing Director's Address to Shareholders, page-5
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Last
40.5¢ |
Change
-0.010(2.41%) |
Mkt cap ! $80.54M | |||
| Open | High | Low | Value | Volume |
| 41.5¢ | 42.5¢ | 40.5¢ | $72.85K | 178.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 14466 | 40.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.0¢ | 26298 | 2 |
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| Last trade - 14.21pm 31/07/2025 (20 minute delay) ? |
| CAF (ASX) Chart |