A few other quick observations:
Looking back through the last 10 years of summarised financials:
Challenger seems to have been reducing its long term debt relative to its equity base. (ie long term debt on its balance sheet has been declining whilst equity has been increasing). This negatively effects RoE but obviously makes the company less risky.
All taken from Commsec:
June 2019 BV $5.94 NTA: $4.98
Estimated 2021 EPS: $0.53
11% return on NTA, yet NTA is above current market price. And compare that to current interest rates of effectively zero.
All back of the envelope type stuff.
But as part of a diversified portfolio, and with still some cash sitting on the sidelines, I am happy acquiring more at current levels, which i did today.
- Forums
- ASX - By Stock
- CGF
- Ann: Third quarter performance
Ann: Third quarter performance, page-7
-
- There are more pages in this discussion • 30 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CGF (ASX) to my watchlist
|
|||||
Last
$7.17 |
Change
-0.180(2.45%) |
Mkt cap ! $4.955B |
Open | High | Low | Value | Volume |
$7.31 | $7.31 | $7.12 | $6.107M | 849.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 7542 | $7.17 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.18 | 71025 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 697 | 7.170 |
1 | 1000 | 7.160 |
2 | 2814 | 7.100 |
1 | 1420 | 7.020 |
2 | 3565 | 7.010 |
Price($) | Vol. | No. |
---|---|---|
7.250 | 150 | 1 |
7.340 | 2092 | 1 |
7.350 | 3826 | 2 |
7.380 | 5000 | 1 |
7.400 | 1200 | 2 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
CGF (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online