I did some rough sums for after the split - the new WDC will have significantly lower risk than comparables, so maybe should trade at about 18x FFO in the US - so eventually worth about $7.87 per share over there (note it is still here - lol). Scentre should eventually trade at about 17x EPS - it seems better than comparables on the Aus market due to size, leverage and sector etc - so worth about $3.65 with its own management rights. No brainer deal for all parties IMO. Eventually WRT worth about $3.93 based on 17x, Current WDC eventually worth about $12.42 if my back of the envelope is correct - which it may well not be.
GLTA
- Forums
- ASX - By Stock
- WDC
- breaking up isn’t hard to do
breaking up isn’t hard to do , page-5
-
-
- There are more pages in this discussion • 6 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 WDC (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online