These brokers are all over the shop?
Citi rates GMG as Buy, Speculative Risk - Given the current share price and pending refinancing deadline of May 2009 for $460m, the broker expects management will likely cut the 2HFY09 distribution to a point where there is sufficient capital to support the balance sheet leading up to the refinancing deadline. Buy and target maintained.
Target price is $0.40 Current Price is $0.30 Difference:$0.10 - (brackets indicate current price is over target). If GMG meets the Citi target it will return approximately 33% (excluding dividends, fees and charges - negative figures indicate an expected loss).
The company's fiscal year ends in June. Citi forecasts a full year FY09 dividend of 12.70 cents and EPS of 18.20 cents. At the last closing share price the estimated dividend yield is 42.33%. At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is 1.65.
Market Sentiment: 0.4
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These brokers are all over the shop?Citi rates GMG as Buy,...
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Last
$34.33 |
Change
-0.380(1.09%) |
Mkt cap ! $65.19B |
Open | High | Low | Value | Volume |
$34.50 | $34.80 | $34.32 | $125.4M | 3.648M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 600 | $34.32 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$34.35 | 25000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 600 | 34.320 |
2 | 103 | 34.300 |
2 | 657 | 34.280 |
2 | 9153 | 34.270 |
1 | 150 | 34.250 |
Price($) | Vol. | No. |
---|---|---|
34.370 | 3804 | 1 |
34.380 | 3023 | 1 |
34.390 | 2807 | 1 |
34.400 | 89 | 1 |
34.410 | 2650 | 1 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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GMG (ASX) Chart |