GNG 2.96% $1.91 gr engineering services limited

Trading significantly under market value?

  1. J37
    17 Posts.
    I noticed that there is not much discussion here on the stock so thought I would start off a thread...

    I have just came across the company as I was looking for a good dividend paying company (with a 10% yield). According to my intrinsic value calculation this company is trading x3 under what it's worth. Seems to have pretty solid financials (and even pays dividends).


    Also, according to Morningstar it is undervalued, I/B/E/S it is a strong buy, Thomas Reuters holds a 9 / 10 score, yahoo analysts 1.0 (strong buy)

    What do you guys think?
 
watchlist Created with Sketch. Add GNG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.