ASX 1.50% $63.53 asx limited

Thought i'd have a look at a few undervalued stocks...

  1. 5,874 Posts.
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    Thought i'd have a look at a few undervalued stocks ...

    Warning...they are usually below NTA value for a good reason but the recent debate about interest rates staying put (or even going down ) has implications to the $AUD that make some of them worth looking into....

    A few investment co's to start with....if the market tanks you don't want to be holding these but it looks safe at the mo imo?

    WAB....trading just below NTA of $1.04 & has been paying a useful FF divvy....Like the spin on making profits while the market is going down as well..but this puts a bit of a cap on your gains. They also have a bonus clause that helps motivate managers to perform.....Boss sold out of a few a while ago but still holds a goodly parcel

    IBC.....A long history with this one but trading below NTA of 60c & worth a look based on FF divvy's....

    XAN....nice little wine co. New management seems to have turned the co around & once the market realises how well they are doing in England things should change for the share price. Had a bit of bad luck with a fire & insurance due to be paid shortly. Trading at around 1/2 NTA of 15c.

    There are others out there such as....ADT ANE CXL DSF FWF .... but like I said , trading below NTA is usually not a sign of market confidence but occassionally a bargin can be found.

    Like XAN for a turn around story....worth 20c in my books sometime in next 7 months*.

    Luck All
 
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Last
$63.53
Change
-0.970(1.50%)
Mkt cap ! $12.31B
Open High Low Value Volume
$64.71 $64.80 $63.32 $24.41M 383.4K

Buyers (Bids)

No. Vol. Price($)
2 1431 $63.52
 

Sellers (Offers)

Price($) Vol. No.
$63.54 890 1
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Last trade - 16.10pm 13/09/2024 (20 minute delay) ?
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