Hi Pioupiou, I agree with all your thoughts and am glad you put them up here. I have bought reasonable amounts over the last two months and continue to add. I for one wouldn't mind the market marking this down for a while. Eventually price will catch up to value.
I value this conservatively at around 11 -12 dollars. at a book value of around 4.30 and ROE of 20% with a growth of around 10% and half of those earnings retained compounding at around 20% , i don;t have t spell it out but it is undervalued.
I put a good weight on visibility of earnings and CCP has a good degree of it.
You can see that the market is pricing it at no growth at a discount rate of 10%. In a low interest rate environment, this offers a bargain and many investors like the chairman recognize this. I agree that too much should not be said about this to offer many to accumulate.
I have been with the stock since 2.60-2.90 and have added at 4 odd dollars and now at 9 -10 dollars.
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Last
$14.58 |
Change
0.230(1.60%) |
Mkt cap ! $992.4M |
Open | High | Low | Value | Volume |
$14.48 | $14.74 | $14.44 | $2.904M | 198.7K |
Buyers (Bids)
No. | Vol. | Price($) |
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2 | 1132 | $14.58 |
Sellers (Offers)
Price($) | Vol. | No. |
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$14.64 | 425 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1000 | 14.300 |
1 | 40 | 14.270 |
1 | 700 | 14.100 |
2 | 421 | 14.000 |
1 | 10000 | 13.800 |
Price($) | Vol. | No. |
---|---|---|
14.740 | 985 | 1 |
14.750 | 1500 | 1 |
14.950 | 147 | 1 |
15.000 | 2900 | 3 |
15.010 | 1000 | 1 |
Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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Last
$14.59 |
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Change
0.230 ( 1.65 %) |
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Open | High | Low | Volume | ||
$14.47 | $14.74 | $14.47 | 21776 | ||
Last updated 15.59pm 07/06/2024 ? |
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