I hold CNP and wish every one all the best.
It is good to see CNP survive. But have to say don't expect
Mon or Tue or even till next due date the price will increase a lot. Because as CITI target price is just over 1 dollar, and CNP still have too much debt.Why?
Let us back to the time CNP was 5.70, and CNP' PE was about 10. PE 10 is low but still means CNP can have earning or revenue increase in next 5 years in order to keep the 5.70(Can not remember what basic growing percentage to keep). But now, at least I can not see this will happen this year.
Personally, from now to next due date, unless there are more good news coming, I think the price will be under 1.25. Welcome to discuss and points to me if I am wrong.
- Forums
- ASX - By Stock
- CNP
- have to say something
have to say something
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CNP (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online