Looking at the damage that has been inflicted on SUL from a weakening currency and a generally weak demand environment - I cannot help but think TRS will be going the same way.
The multiple seems at odds for a company whose earnings are most probably declining.
I think the correct multiple for this thing is around 7 - 9 x earnings, so,IMO, a long way to fall from here before it represents any kind of "value"
Looking at the damage that has been inflicted on SUL from a...
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Last
$3.11 |
Change
0.010(0.32%) |
Mkt cap ! $116.0M | |||
| Open | High | Low | Value | Volume |
| $3.10 | $3.12 | $3.09 | $36.96K | 11.94K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1098 | $3.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.11 | 619 | 1 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| TRS (ASX) Chart |