What a difference a year or two make.My personal view is if you were asked to run the numbers over a company like Cash Converters with a view to either buying the company or not, the pendulum has now swung back to a buy I would think. All the signs are there for a company that is good value at the current share price. Strong brand recognition, most legal matters now settled and behind them, excellent growth momentum, 9.41 P/E, fully franked 8.3% return and I am guessing solid operating procedures now in place. And heading into a slow down in the economy and a likelihood of tightening of the house hold purse strings then I am thinking that if I was asked to go into a data room with the view of buying the company then it would be very hard to argue not to at the current share price and management team in place.
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Last
20.0¢ |
Change
-0.005(2.44%) |
Mkt cap ! $125.5M |
Open | High | Low | Value | Volume |
20.5¢ | 20.5¢ | 20.0¢ | $199.4K | 973.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 313277 | 20.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
21.0¢ | 431173 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 313277 | 0.200 |
9 | 164032 | 0.195 |
13 | 637625 | 0.190 |
3 | 1011060 | 0.185 |
8 | 889894 | 0.180 |
Price($) | Vol. | No. |
---|---|---|
0.210 | 431173 | 11 |
0.215 | 420308 | 8 |
0.220 | 164438 | 5 |
0.225 | 311323 | 5 |
0.230 | 354263 | 4 |
Last trade - 15.35pm 26/06/2024 (20 minute delay) ? |
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