CYG 0.00% $1.32 coventry group limited

boringly beautiful

  1. 547 Posts.
    lightbulb Created with Sketch. 31
    This company has a lot going for it in my humble opinion.
    Firstly, here we have a company that trades for only $2.99, but has a cashflow valuation of $3.37, a ROE valuation of $4.70 and a P/E valuation of $4.21?
    "But wait there's more!"....
    - less shares on issue than 5 years ago
    - Debt free, (had 85M debt now $55m cash)
    - Priced today at 71% of it's book value
    - Priced at 45% of sales
    - Priced at 81% of its net tangible assets
    - Management? Just achieved its best year for Return on shareholder's equity
    - In an industry benefitting from declining interest rates and cyclical low point in construction industry.
    - Small enough market cap to slip under the radar of most institutions
    - Management? Just achieved its best year for operating margin
    - Customer satisfaction levels improving.
    - $14 million franking credits on the books
    - Expanding into booming Gladstone fluids market, ditching unprofitable components.
    - Honest, transparent and optimistic management.
    - 7.35% prospective fully franked yield

    Negatives? well...there's a couple:
    1/.a struggling fasteners buisness, I'll back management to turn this around or flog if they cannot.
    2/. year on year earnings are down slighly this year so far.
    CONCLUSION: this will grind higher in time making for a very attractive medium to long term investment.
 
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Last
$1.32
Change
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Mkt cap ! $153.5M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
4 71699 $1.25
 

Sellers (Offers)

Price($) Vol. No.
$1.35 20000 1
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Last trade - 16.12pm 13/09/2024 (20 minute delay) ?
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