CGF 0.54% $7.39 challenger limited

potential takeover yes no, page-9

  1. 273 Posts.

    finch, has cgf provided any guidance for FY08 NPAT? can't seem to find anything.

    both ptm and ppt have downgraded, but they are still trading on about 14x earnings, while cgf is on about 6x which is a massive discount. the market clearly expects cgf to downgrade but no news so far, and if she can last another 2 weeks i'd say there will be no downgrade.

    anything above $230m NPAT for the full year and there should be a good re-rating.
 
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