Minor correction (PR 16%)
My valuation of MCE (using RM's valuation method)
Equity 31 Dec 2009 - 41.1m
Equity 31 Dec 2010 - 84.5m
Average equity 62.8m
NPAT 30.1m (2010 calender year)
ROE 48%
Equity/share $1.21
Dividend payout ratio 16%
RR 13%
IV
1.21x3.69x0.16=0.71
1.21x10.50x0.84=10.67
0.41+11.27= $11.38
Big jump in IV as a result of much lower than expected payout ratio.
valuation, page-11
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Last
26.0¢ |
Change
-0.005(1.89%) |
Mkt cap ! $72.45M | |||
| Open | High | Low | Value | Volume |
| 26.5¢ | 26.5¢ | 26.0¢ | $78.45K | 298.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13797 | 26.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.5¢ | 9150 | 1 |
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| Last trade - 15.52pm 27/11/2024 (20 minute delay) ? |
| MCE (ASX) Chart |
