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
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Last
$25.96 |
Change
0.370(1.45%) |
Mkt cap ! $3.788B | |||
| Open | High | Low | Value | Volume |
| $25.87 | $25.97 | $25.77 | $5.821M | 224.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 717 | $25.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $25.99 | 1493 | 2 |
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