MRE
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0.51% $1.97 metrics real estate multi-strategy fund

MRE needs a ~$500m profit at a PE of 10 to have a SP around...

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  1. danbradster
    2,083 Posts.
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    19/09/11
    14:14
    Post #: 8978615
    MRE needs a ~$500m profit at a PE of 10 to have a SP around $4.82. The first half of 2011 had NPAT of $27m, extrapolate to $54m for simplicity. $54m is a far cry from $500m.

    With nickel trading cheaply and the AUD so high, $500m NPAT will be hard to achieve, and if the nickel price rises then the dollar will likely rise further too.

    MRE Price at posting: 87.0¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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