From Acaca15
"Very correct Vesupira,
Earnings falling and PE contraction can be very ugly!!!
Plus I am not buying the African excuse, looks more like demand for products are falling and if that is he case 2014 NPAT could be circa $30M. who knows!! with cyclical businesses you are just guessing but that is my best guess ATM. If that is the case the closing price is no bargain."
That's another "cyclical business" comment.
Any basis for this assertion?
Or is it the classic "time will tell" again?
From Acaca15"Very correct Vesupira,Earnings falling and PE...
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Last
$15.91 |
Change
0.020(0.13%) |
Mkt cap ! $2.785B | |||
| Open | High | Low | Value | Volume |
| $16.00 | $16.05 | $15.90 | $4.580M | 287.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1164 | $15.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.92 | 1922 | 2 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| CDA (ASX) Chart |
