Only recently looked into CGH and was wondering if anyone has had a go at calculating the intrinsic value? I tried some calcs (however I am very green so may be way off) and came up with a price of around $2.50/sh for the forecasted 2013 FY results.
I noticed a previous post from Nov 2012 which has a brokers 12 month target of around $1.50/sh (which is around the current price) which allows for a PE of 5-7. This PE seems a bit low, considering others in the sector are 10-12.
Any feedback would be much appreciated, and as mentioned this is my first time valuating companies so my calcs may be a long way off.
Cheers
CGH Price at posting:
$1.48 Sentiment: Buy Disclosure: Not Held
