Knocked up some quick estimates for 1HFY16
rev: 723m
Op income: 54m (fairly conservative)
Net inc: 38.6m (assumes significant redundancy cost)
eps 40.6c
div (interim in Feb) 35c ffr
These are estimates for 1st half only. So based on today's close of $5.63 equates to:
PE ratio: 7.03
gross div yield: 17.6%!!!
That's assuming 2H duplicates 1H which is unlikely. We'll need interim update to get forecast re full yr FY16.
But lets assume 2H div is 20% less than 1h payout. 35+28= 63c ffr. (in FY15 div was 109c)
63cffr with SP at $5.63 = 15.9% gross yield!!
Thinks 72c div impossible? FY15 div was 109c. Hence, i've assumed a drop of 34%. 1H net income could well be 10% better than i predict i.e. 44-45c eps. If so IH div will come in at around 39.5c ffr. That will stun Mr Mkt with gross yield not far off 20%!!
Remember MND is debt free with substantial cash reserves.
Any other punts out there?
- Forums
- ASX - By Stock
- MND
- yield of 16%? some estimates re MND
yield of 16%? some estimates re MND
-
- There are more pages in this discussion • 142 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 MND (ASX) to my watchlist
|
|||||
Last
$12.91 |
Change
-0.230(1.75%) |
Mkt cap ! $1.258B |
Open | High | Low | Value | Volume |
$13.15 | $13.15 | $12.87 | $2.063M | 159.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 565 | $12.90 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$12.95 | 313 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 565 | 12.900 |
1 | 484 | 12.870 |
1 | 484 | 12.860 |
1 | 484 | 12.850 |
1 | 484 | 12.830 |
Price($) | Vol. | No. |
---|---|---|
12.970 | 484 | 1 |
12.980 | 484 | 1 |
13.000 | 484 | 1 |
13.010 | 484 | 1 |
13.100 | 250 | 1 |
Last trade - 16.10pm 19/06/2024 (20 minute delay) ? |
Featured News
MND (ASX) Chart |
The Watchlist
CC9
CHARIOT CORPORATION LTD
Shanthar Pathmanathan, MD
Shanthar Pathmanathan
MD
Previous Video
Next Video
SPONSORED BY The Market Online