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.
- Forums
- ASX - By Stock
- Ann: Challenger 2021 Investor Day
I'm going to have to disagree with you and play devils advocate...
-
- There are more pages in this discussion • 6 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
|
|||||
Last
$6.24 |
Change
0.010(0.16%) |
Mkt cap ! $4.312B |
Open | High | Low | Value | Volume |
$6.21 | $6.34 | $6.17 | $27.82M | 4.437M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 5847 | $6.23 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.24 | 8590 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 5847 | 6.230 |
1 | 13841 | 6.210 |
1 | 13841 | 6.200 |
2 | 14341 | 6.190 |
3 | 17341 | 6.180 |
Price($) | Vol. | No. |
---|---|---|
6.240 | 8590 | 2 |
6.250 | 10085 | 1 |
6.260 | 8056 | 1 |
6.280 | 6100 | 2 |
6.290 | 400 | 1 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
Featured News
CGF (ASX) Chart |