Thank you Tony. Speaking of thank you's, I never got one when I told you to buy JST at $2.80!
$12m seems optimistic, given the lending division is where the real money is made in this company. It puts CCV on a forward P/E of 6x. Even though this market is barely trading on fundamentals at the moment so it hardly seems relevant, I would say it is far from expensive at this price. If they hit that $12m next year, I think that warrants a re-rating of the P/E for the stock as it would be a huge achievement.
But as said earlier, it is all about replacing that income stream from the lending business.
This stock has huge upside through earnings growth and P/E expansion if they can continue to grow the other parts of the business and it's o.s expansion and therefore deliver some solid numbers in '09 and '10.
I think with the yield supporting it at current levels, it is a great buy at the current price.
- Forums
- ASX - By Stock
- any thoughts on why the sp rise
Thank you Tony. Speaking of thank you's, I never got one when I...
-
- There are more pages in this discussion • 9 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 CCV (ASX) to my watchlist
(20min delay)
|
|||||
Last
22.5¢ |
Change
-0.005(2.17%) |
Mkt cap ! $141.1M |
Open | High | Low | Value | Volume |
22.5¢ | 23.0¢ | 22.0¢ | $58.69K | 265.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 15912 | 22.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
22.5¢ | 112719 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 15912 | 0.220 |
6 | 336305 | 0.215 |
10 | 254815 | 0.210 |
7 | 229018 | 0.205 |
6 | 137627 | 0.200 |
Price($) | Vol. | No. |
---|---|---|
0.225 | 112719 | 2 |
0.230 | 1043523 | 16 |
0.235 | 745381 | 4 |
0.245 | 510341 | 3 |
0.250 | 218002 | 5 |
Last trade - 16.10pm 30/09/2024 (20 minute delay) ? |
Featured News
CCV (ASX) Chart |