As an investor - what more important , ROE or your total risk adjusted return. I have always focused on risk adjusted return so for example if I look at my return profile possibilities over the next 3 months I can extract a 15- 20 % return relatively easily and my risk of losing money is very small. At 18.5 c I can achieve about 5.5% from the divi leaving me the need to only see a SP increase of 1.5% to make 15% . That SP increase will be simply the company moving to current cash and receivables to the likely new level of cash and receivables . The Quarterly cash accumulation which should be solid should inturn create at least a small sentiment boost that should see another 1 c lift st least ( good reports have historically seen a 2-5c move )
Now the down side is the stock has to fall below 17.5c before I lose due to the dividend and if it does it simply means it will be trading sub cash and receivables. As valueseeker has been arguing for years , once GRR passes its capital intensive phase ( which it has ) cash flow accumulation will pick up . The 2018 year is the start of this period so increases in NTA alone should do the trick and with a dividend that should be 2c per annum going forward a 15% grossed up return is already penciled in
- Forums
- ASX - By Stock
- Trading at cash and receivables and PE of 4
As an investor - what more important , ROE or your total risk...
- There are more pages in this discussion • 9 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 GRR (ASX) to my watchlist
(20min delay)
|
|||||
Last
40.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $462.9M |
Open | High | Low | Value | Volume |
40.5¢ | 40.5¢ | 40.0¢ | $28.72K | 70.93K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
30 | 295810 | 40.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
40.5¢ | 31892 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 3952 | 0.430 |
1 | 1690 | 0.425 |
5 | 1638 | 0.410 |
3 | 22801 | 0.405 |
22 | 245241 | 0.400 |
Price($) | Vol. | No. |
---|---|---|
0.370 | 680 | 2 |
0.375 | 400 | 1 |
0.390 | 7291 | 3 |
0.395 | 1196 | 1 |
0.400 | 24043 | 3 |
Last trade - 10.04am 02/05/2024 (20 minute delay) ? |
|
|||||
Last
40.0¢ |
  |
Change
0.000 ( 1.19 %) |
|||
Open | High | Low | Volume | ||
40.5¢ | 41.0¢ | 40.0¢ | 28192 | ||
Last updated 10.22am 02/05/2024 ? |
Featured News
GRR (ASX) Chart |
The Watchlist
BPH
BPH ENERGY LTD
David Breeze, MD & Executive Chairman
David Breeze
MD & Executive Chairman
SPONSORED BY The Market Online