Cheers for the info, yes been in for about 4 years now and have...

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tommoc

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05/07/24

12:36

Post #: 74624310
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Originally posted by PortfolioPlus: ↑

No. Allan Gray are contrarian investors and they have always seen deep value in CAA and are active supporters of the companies future.
In fact, back circa 5 years ago, they faught viciously to defeat an attempeted takeoever at around $7 - a bid which was supported by Tony D & management. This still rankles me today.
The fact that Gray are still buying is a very good sign that the value is still there, which it is. My personal IV is $13.71 and until they get close to that fugure, I'm not selling and am happy to receive the dividends. remember this is a company that because of the huge store of tax losses means that NPBT = NPAT into the foreseeable future. That in itself means additional cash flow for either reinvestement or special dividends or continued buybacks. The more of these distribution centers they acquire, the more of their product they can sell.
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Cheers for the info, yes been in for about 4 years now and have done well from the divvies and am surprised it hasn't had a run into the teens in that time. happy to hold
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(20min delay)
Last $10.34		Change 0.200(1.97%)		Mkt cap ! $173.7M

Open	High	Low	Value	Volume
$10.15	$10.45	$10.13	$134.2K	13.07K

Buyers (Bids)

No.	Vol.	Price($)
2	2216	$10.34

Sellers (Offers)

Price($)	Vol.	No.
$10.45	5190	1

View Market Depth

No.	Vol.	Price($)
2	2216	10.340
1	1000	10.310
2	2681	10.230
1	4000	10.220
1	2000	10.120

Price($)	Vol.	No.
10.450	5190	1
10.500	495	1
10.550	349	1
10.750	145	1
11.020	1900	1

Last trade - 15.14pm 17/06/2025 (20 minute delay)

CAA (ASX) Chart

Cheers for the info, yes been in for about 4 years now and have...

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Cheers for the info, yes been in for about 4 years now and have...

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