I'm going to have to disagree with you and play devils advocate and say that CGF for a number of year has been trading at an overvalued price. Take a look at the PE ratios, Price to Book and price to cashflow over the past 10 years. Challenger's earnings were nothing special in the years they were up. We've hit a bump and come back to fair value. I believe that we are even undervalued. Even if the ROE is 10% instead of 12% for future prospects, that still puts them in a fantastic position to be returning substance to their holders. I personally have some buy targets set at $5.
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I'm going to have to disagree with you and play devils advocate...
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Last
$7.04 |
Change
0.080(1.15%) |
Mkt cap ! $4.865B |
Open | High | Low | Value | Volume |
$7.00 | $7.08 | $6.98 | $17.71M | 2.517M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 9648 | $7.02 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.05 | 9000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 9648 | 7.020 |
6 | 27065 | 7.010 |
2 | 5212 | 7.000 |
1 | 2218 | 6.850 |
1 | 7000 | 6.840 |
Price($) | Vol. | No. |
---|---|---|
7.050 | 9000 | 1 |
7.070 | 11809 | 4 |
7.080 | 10675 | 4 |
7.090 | 13562 | 3 |
7.100 | 8606 | 6 |
Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
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