Extract from your Post from McQuarie
The target price jumps to $1.80 a share from $1.70 and the broker downgrades to Neutral from Outperform, noting the stock is trading a 26% premium to net asset value, making it hard to justify further increases.
Target price is $1.66 Current Price is $1.66 Difference:$0.00 - (brackets indicate current price is over target). If BPT meets the Macquarie target it will return approximately 0% (excluding dividends, fees and charges - negative figures indicate an expected loss).
Is the above a little confusing?
Also NTA Premium i dont think is correct
Present Price of $1.64 is approx 7% above NTA
Net asset backing $1.53
Current
Period
Previous Corresponding
Period
$1.30
See Page 4 of last Half Yearly Report
Earnings per share see page 5 of the same report of 12.41 cents for the Half Year
Macquarie does not make sense on their EPS figures of 20.41 Cents for the Full Year minus 12.41 EPS = 7.69 EPS for the second half.
Does not give investors much confidence in their advice.
Cheers
1914
Extract from your Post from McQuarieThe target price jumps to...
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Last
$1.58 |
Change
0.020(1.29%) |
Mkt cap ! $3.593B | |||
| Open | High | Low | Value | Volume |
| $1.58 | $1.59 | $1.56 | $7.607M | 4.822M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 33174 | $1.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.58 | 26329 | 2 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$1.58 |
Change
0.020 ( 1.08 %) |
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| Open | High | Low | Volume | ||
| $1.57 | $1.59 | $1.56 | 1700115 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| BPT (ASX) Chart |