SGP 1.75% $5.06 stockland

$2.81 looks like fair value in my opinionjust on a back of the...

  1. 13,561 Posts.
    lightbulb Created with Sketch. 2
    $2.81 looks like fair value in my opinion

    just on a back of the envelop calculation the company's asset values have droped about 15% due to dilution

    no trade IMO

    people who pay more than $2.81 are gambling

    check out my calculations here
    v
    v
    v

    assets $13.4bn
    liabilites $5.5bn
    equity $7.9bn

    no of shares = 1.6bn

    bookvalue = $4.93

    after raising $1.7bn to reduce debt

    assets $13.4bn
    liabilities $3.8bn
    equity $9.6bn

    no of shares = 2.3bn shares

    book value = $4.17

    drop in value is about 15%

    share price is down about 14%

    looks about right if you ask me

 
watchlist Created with Sketch. Add SGP (ASX) to my watchlist
(20min delay)
Last
$5.06
Change
-0.090(1.75%)
Mkt cap ! $12.74B
Open High Low Value Volume
$5.17 $5.18 $5.05 $26.37M 5.193M

Buyers (Bids)

No. Vol. Price($)
6 252697 $5.06
 

Sellers (Offers)

Price($) Vol. No.
$5.08 30740 3
View Market Depth
Last trade - 16.10pm 20/11/2024 (20 minute delay) ?
SGP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.