All true but to properly value a business you can't just ignore their vulnerability to market movements, especially when their earnings are significantly derived from said market movements.
Clearly their investments are overwhelmingly defensive but regardless a broad based sell off will affect their profitability, equity value, return on equity & share price. Potentially long term, it took the better part of 6 years for CGF to recover after the GFC. I don't want my capital impaired for 6 years, even if I plan on holding for 30+ years. So my question is - how do YOU value the risk.
Potential takeover target, page-28
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CGF (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.84 |
Change
-0.050(0.73%) |
Mkt cap ! $4.727B | |||
| Open | High | Low | Value | Volume |
| $6.96 | $6.96 | $6.84 | $12.20M | 1.775M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 38823 | $6.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.88 | 7181 | 2 |
View Market Depth
| Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
| CGF (ASX) Chart |