thought I'd share some calculations I ran through in determining if I will hold onto my WEB shares.
using annual report as of 29/06/2019 (the more recent full-year reported earnings)
- 2019 EPS = 0.47
- 2019 Diluted avg shares = 136m
Assuming WEB can return to 2019 profit levels;
- New issued shares (cap raising of $346m @ 1.7) = 204m
- New total avg shares = 340m
- EPS = 0.19
With a revised EPS of 0.19, corresponding P/E would look like;
- share price of $3.11, P/E = 16.37
- share price of $1.70, P/E = 8.95
In other words, if you buy now @ $3.11 and take up the 1-1 offer, then your average P/E (@2019 profits) will be 12.66.
Personally, I like good quality stocks at around a PEG of <1. If you take WEB's revenue growth rate over the last 7 years, and again, assuming it can return to 2019+ profits, then 12.66 indicates a PEG of <0.5.
WEB Rev growth rate:
3yr = 33.49%
5yr = 30.45%
7yr = 30.28%
hope this helps. DYOR.
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Last
$9.01 |
Change
-0.090(0.99%) |
Mkt cap ! $3.524B |
Open | High | Low | Value | Volume |
$9.08 | $9.11 | $8.99 | $12.04M | 1.333M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 7315 | $9.01 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$9.08 | 2613 | 1 |
View Market Depth
No. | Vol. | Price($) |
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3 | 5237 | 9.010 |
2 | 18887 | 9.000 |
2 | 4463 | 8.990 |
1 | 2000 | 8.980 |
1 | 120 | 8.960 |
Price($) | Vol. | No. |
---|---|---|
9.090 | 2447 | 2 |
9.100 | 3894 | 1 |
9.110 | 4442 | 2 |
9.120 | 3894 | 1 |
9.150 | 1578 | 3 |
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