you have got it in a nutshell pretty much how I try to value stocks.
But then from your own number plugging you come up with a fair value of $24.82.
And yet the share price is $21.68.
So then doesn't that mean if one uses a scatter gun approach to collecting under valued companies, then isn't this a chance for you to acquire a position since the share price is trading under 'value'.
In which case, why is your sentiment 'sell' and your position 'not held' ??
you have got it in a nutshell pretty much how I try to value...
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Last
$8.19 |
Change
0.050(0.61%) |
Mkt cap ! $1.480B | |||
| Open | High | Low | Value | Volume |
| $8.12 | $8.19 | $7.99 | $5.601M | 691.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 709 | $8.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.21 | 4682 | 2 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$8.18 |
Change
0.050 ( 0.22 %) |
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| Open | High | Low | Volume | ||
| $8.14 | $8.18 | $8.00 | 101926 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| MFG (ASX) Chart |