SHM 2.76% 74.5¢ shriro holdings limited

Ann: Trading Update, page-5

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  1. 20,478 Posts.
    lightbulb Created with Sketch. 2023
    this is what one broker thinks - bullish IMO

    Given the 39% share price upside that our TP implies, and our DCF valuation (WACC 10.6%) of $1.97ps, we remain of the view that SHM offers compelling value. Accordingly, we reiterate our Buy rating.


    entered today with purchases at 90, 89 and 88.5

 
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