CDD is a company which has grown 50% each year. Management has proced to be excellant.
An valuation by "UBS" boys is below:
CDD::
Balance Sheet Strong
At 31/12/08 net debt to equity was 22%. The company raised a $20m capital recently to bring the gearing below 10%. Group well placed to fund acquisitions.
Valuation
We value CDD on a dcf basis (WACC 12.2%, terminal growth 1%) at $4.60-$5.00 presuming no future acquisitions. Our share price target is set at the bottom of this range.
just hit $9 bucks, page-12
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ANN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$30.50 |
Change
0.370(1.23%) |
Mkt cap ! $4.451B | |||
| Open | High | Low | Value | Volume |
| $30.19 | $30.62 | $30.19 | $11.31M | 371.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1377 | $30.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $30.51 | 23 | 1 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| ANN (ASX) Chart |