I feel like I have been with this stock forever and I also feel like KSL is well managed but banged about by external factors eg the failed Westpac purchase. Now we potentially have a somewhat arbitrary tax grab. I have always assumed a PE of eight is about right for the risk involved. Sticking with that let’s assume no profit growth from last year and apply the new tax rate - you end up up with earnings of ten cents ie the stock gets valued at 80 cents. Let’s assume profit growth of 10 % and we can value the stock at 88 cents. Of course if you get growth and the tax isn’t applied then let’s say it’s worth $1.20.
Personally despite brave words from Pawson I think the new tax rate will apply, they will grow earnings and so 90 cents to $1.00 figure in about twelve months. Don’t get greedy Don’t get excited that would be my motto with this stock
Just my own opinion
- Forums
- ASX - By Stock
- New tax rate from 30% to 45% for KSL
I feel like I have been with this stock forever and I also feel...
-
- There are more pages in this discussion • 26 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add KSL (ASX) to my watchlist
|
|||||
Last
99.0¢ |
Change
0.040(4.21%) |
Mkt cap ! $284.5M |
Open | High | Low | Value | Volume |
96.5¢ | 99.0¢ | 96.3¢ | $136.6K | 140.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10737 | 98.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
99.0¢ | 4140 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10737 | 0.980 |
1 | 35000 | 0.965 |
1 | 2291 | 0.960 |
5 | 65310 | 0.950 |
2 | 902 | 0.945 |
Price($) | Vol. | No. |
---|---|---|
0.990 | 2104 | 1 |
1.000 | 10860 | 1 |
1.040 | 22000 | 1 |
1.050 | 25385 | 2 |
1.055 | 50000 | 1 |
Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
Featured News
KSL (ASX) Chart |