No worries Chalk, yeah i was the same before i got my subscription using the formulae from his book to calculate intrinsic value. I still like to do the calculations myself before I make a decision.
It is rated A2 and has been pretty stable. Since 2007 it has been an A2, apart from when it was A1 in 2009 and 2010.
I am not going to say if I recommend it or not. My own personal circumstance is that i have used 25% of my capital for my FGE shares and I would only consider buying more if it was to get near my average price, $4.226 Until then I am holding the ones I have until I need the cash for property.
I agree with Timee in regards to relying too heavily on one valuation method. Also FYI, below are the forecast FY16 values i got from the same place.
30-06-2016 Actual Intrinsic Value $11.01 Bullish Intrinsic Value $11.48 Bearish Intrinsic Value $10.67 Average Intrinsic Value $17.25 Analyst Number 4
FGE Price at posting:
$5.20 Sentiment: Hold Disclosure: Held
