SKE
Click for more information
0.00% $1.64 skilled group limited

no goodwill, page-16

  1. madamswer
    7,936 Posts.
    lightbulb Created with Sketch. 1554
    clock Created with Sketch.
    22/06/15
    10:19
    Post #: 15505849
    "SKE used to trade at multiples of PRG not at a discount ."

    SKE is still at a premium to PRG (circa 30% premium), if you adjust for the differing levels of gearing in the two companies.

    Anyone hoping for much more upside from SKE is effectively hoping for PRG board to offer a premium on top of an existing premium.

    I'm not saying it will never happen; it could. But it would require the PRG board to behave in a somewhat undisciplined manner, and I'm not sure I like the invest on the basis of that sort of likelihood.
    SKE Price at posting: $1.55 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 
watchlist Created with Sketch. Add SKE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.