what are your thoughts on what would be a fair EBITA multiple to...

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KateN89

23 Posts.

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23/12/22

20:48

Post #: 65436663
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Originally posted by Jack1960: ↑

I have absolutely no information not otherwise known to the market. I am simply a long term holder that tries to do my own homework when deciding to invest in a stock. I have a fairly good understanding of CUP, so I will throw this in to the mix in relation to the suppressed share price.

If I had to guess, the reason the CUP share price will remain fixed in a tight trading range is almost totally related to CBA/Colonial stated intention to leave the register. CBA/Colonial hold 40% of the stock with next holder coming in at less than 10% according to last Annual Report.

All client indemnification/compo payouts should be expected to be finalised within the next 3 months. After that, I would expect some significant off market changes to the register. It is anyone's guess whether an anxious seller will sell at a heavy discount, (just as they did with Count Financial business) just to move on.

In the absence of a "natural" buyer, I have a personal suspicion, based solely on the already demonstrated approach CBA has taken to financial planning, the stock will be sold at a discount to market. It has the potential to make the share price quite volatile.

For my money, I am very interested in buying a lot more stock once this major uncertainty is removed. In the meantime, a 2c half yearly dividend keeps me quite happy to hold.

GLTASH

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what are your thoughts on what would be a fair EBITA multiple to apply to CUP

It will be interesting in the half yearly to discover the EBITA growth they have had for the dealer group

That should be their fastest growing segment I would imagine

Last edited by KateN89: 23/12/22

CUP Price at posting: 65.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 94.0¢		Change -0.010(1.05%)		Mkt cap ! $159.1M

Open	High	Low	Value	Volume
94.0¢	94.0¢	94.0¢	$23.44K	24.93K

Buyers (Bids)

No.	Vol.	Price($)
1	4857	94.0¢

Sellers (Offers)

Price($)	Vol.	No.
96.0¢	13484	3

View Market Depth

No.	Vol.	Price($)
1	4857	0.940
2	16250	0.930
1	7500	0.920
1	2222	0.900
1	8506	0.890

Price($)	Vol.	No.
0.960	13484	3
0.980	2000	1
0.985	3550	1
1.000	95669	4
1.010	1990	2

Last trade - 15.42pm 29/07/2025 (20 minute delay)

CUP (ASX) Chart

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