Follow the money. Ex Macquarie banker buying up big in the...

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daicosisgod

14,952 Posts.

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13/11/18

18:55

Post #: 36489999
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Originally posted by daicosisgod ↑

Very much doubt it.

Today's price represents a P/E of 5.83x
Since FY'10 the only time it has been lower is in FY'14 when it hit 5.31x
So only one in 8 years has it been lower than today's P/E ratio

The current NTA for Villa World is $2.34 per share. So every time you buy at today's price of $2.01 you are gaining 16.4% on NTA alone.

Today's share price of $2.01 represents a dividend yield of 9.2% and if you add franking credits it is a mind blowing yield of 13.1%

There is not one dollar of goodwill on the balance sheet it is all good solid net assets.

I hope the Board buy as many shares back as possible as I will share in a further increase in NTA.

I have doubled my holdings since mid September and I am very, very happy.

Today's announcement from the company confirmed it is on track to meet guidance with a record pre sales pipeline.

Don't mention this to anyone as this little gem is the best kept secret on the ASX.

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Follow the money.

Ex Macquarie banker buying up big in the Brisbane property market. This is great news for VLW.

See article posted this afternoon in the AFR

https://www.copyright link/real-estate/exmacquarie-banker-buys-bulk-apartments-in-discounted-brisbane-tower-20181030-h17bcl

VLW Price at posting: $2.01 Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

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Follow the money. Ex Macquarie banker buying up big in the...

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