GNC 5.12% $8.15 graincorp limited

Big GrainCorp crop received, page-21

  1. 275 Posts.
    lightbulb Created with Sketch. 10
    Overvalued? Perhaps.. Trading opportunity? Definitely. Full year results will be brilliant, and although it is a seasonal opportunity there are some flow on benefits..

    1. Less Leverage = lower I in the EBITDA leading to higher Divs or more sustainable dividends.
    2. Less Leverage = Private Equity target.. it has a lot of infrastructure that is in demand and is a virtual monopoly which Private Equity companies like... and would probably mess with the pricing model to make more money from it.. it would be a good buy by an Australian Super Company too - long term asset that delivers greater than inflation returns.
 
watchlist Created with Sketch. Add GNC (ASX) to my watchlist
(20min delay)
Last
$8.15
Change
-0.440(5.12%)
Mkt cap ! $1.985B
Open High Low Value Volume
$8.65 $8.67 $8.05 $13.93M 1.699M

Buyers (Bids)

No. Vol. Price($)
1 1000 $8.13
 

Sellers (Offers)

Price($) Vol. No.
$8.16 604 1
View Market Depth
Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
GNC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.