more useful info. I'm obviously chuffed i re-entered SFR before today's ASX surge (which i didn't see coming). Just read the Chair's report and agm report.
It's mainly good news with the highlight being the exc discovery at Monty nd esp the world class recent hole grading 21.6m @ 34.4%Cu!! 300m debt repaid in just 3yrs and only 80m remains. Divs now fully franked.
But i would have liked some notes re EPS and esp div policy going fwd and i see brokers have a wide range of estimates with MS the highest at 60cents! Clearly that's wrong and my guesstimates for RY16 are:
Cu price USD2.10/lb av.
AUD USD0.69
EPS 43cents
FY16divs 26-30c f.franked.
Obviously fwd estimates are not easy with commodities so weak and lots of uncertainty. So a low buy price is warranted and an entry in 5.45 - 5.65 range is ok for a miner so strong and with exc potential. but dyor.
more useful info. I'm obviously chuffed i re-entered SFR before...
-
- There are more pages in this discussion • 29 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 SFR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$10.34 |
Change
-0.100(0.96%) |
Mkt cap ! $4.190B | |||
| Open | High | Low | Value | Volume |
| $10.42 | $10.52 | $10.34 | $3.653M | 350.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 976 | $10.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.35 | 8141 | 27 |
View Market Depth
| Last trade - 12.39pm 04/12/2024 (20 minute delay) ? |
| SFR (ASX) Chart |
