The PE is getting into 'high' territory - but that depends on which sector you are putting it into really. Some companies obviously in the tech sector have PEs much higher. So the earnings growth is the thing I'll be watching carefully. Nothing new there LOL as that is the case with all share investments (that have earnings). But I guess watching it in terms of revenue growth from the existing businesses. Is CDN generating the revenue growth only through acquisitions or can it grow internally from here? On average, only around one third of all takeovers end up being successful long-term.
The short term cash position could be higher, but I don't think debt is an issue even with the current interest rate environment going forward. But that comes back to those earnings numbers. Last year's full numbers weren't great, so I'll be assessing again in Sept. The half yearly in Feb was solid so hopefully adds a few more cents onto that earnings number to keep me happy.
Happy for others to rip into that assessment!
CDA: General Discussion, page-157
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CDA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$12.00 |
Change
-0.040(0.33%) |
Mkt cap ! $2.175B | |||
| Open | High | Low | Value | Volume |
| $11.95 | $12.01 | $11.90 | $4.095M | 342.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 770 | $11.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.00 | 8818 | 3 |
View Market Depth
| Last trade - 16.10pm 22/07/2024 (20 minute delay) ? |
| CDA (ASX) Chart |