Hi Guys,
Just a quick calculation for ya,
New NTA = 16c, old NTA = 20c
Assuming that the current liabilities havent changed over 6 months we have:
Total Assets New = (775.6 + (492*16/20))million
(775.6 is the current liabilities)
Total Assets New = 1169.4 million
Total Assets Old = (775.6 + 492)million
(775.6 is the current liabilities)
Total Assets Old = 1268.4 million
New assets / old assets = devaluation of 7.9 %
This devaluation is slightly larger than others in the REIT sector, for 1H10.
Even if there is no loss due to derivatives, and no more non current asset devaluation, it seems pretty unlikely that VPG will turn a profit this quarter (they would have to value their Duke etc as positive instead of 0).
I hold with a longer tem outlook.
- Forums
- ASX - By Stock
- VPG
- ann out - nta
ann out - nta , page-10
-
- There are more pages in this discussion • 18 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 VPG (ASX) to my watchlist
|
|||||
Last
$1.79 |
Change
0.000(0.00%) |
Mkt cap ! n/a |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online