KAM 0.00% 5.1¢ k2 asset management holdings ltd

All Fuelled Up, Based on reading the monthly fund results along...

  1. 59 Posts.
    All Fuelled Up,

    Based on reading the monthly fund results along with previous years results i am estimating the last 6 months with 0.5 cents profit after tax. (Therefore a 0.5 cent dividend)

    It is difficult to determine the actual amount the company will earn from performance fees as they are calculated daily. The last 6 month performance was not goo enough for much of a performance fee. As a result the earnings per share wont be that great. (ie. 0.5 cents per share)

    That would make the full year earnings of 2.5 cents per share.

    Therefore a PE of 8.4 using a share price of 21c and EPS of 2.5c.

    Who is doing all of this selling? It doesnt make much sense to be selling at such low values.

    Drag
 
watchlist Created with Sketch. Add KAM (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.