5.50 is even more conservative than Montgomery's numbers. He has put a current intrinsic value around $6. I think the next report will surprise on the upside as their profit rose much faster than the revenue and the latter is forecasted to double this financial year. The intrinsic value may well be closer to $15 a year from now. It would not surprise me one bit if it is. An exceptional quality company for sure.
This is not financial advice as I am clueless about any aspect of the stock market so do your own research.
$8 broker price target, page-8
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MCE (ASX) to my watchlist
 (20min delay)
|
|||||
|
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 |
View Market Depth
| Last trade - 15.52pm 27/11/2024 (20 minute delay) ? |
| MCE (ASX) Chart |
