Did an yone know that the first round offers might be on for next week?
NHC - NEW HOPE CORPORATION LIMITED
Credit Suisse rates NHC as Neutral (3) - Credit Suisse notes first round offers for New Hope are reportedly due next week, so leading into this the broker has reiterated its base case value for the stock of $6.29 risked and $6.45 unrisked.
A change in majority control remains the most likely outcome according to the broker, so leading into the first stage of bidding a Neutral rating is retained.
Target price is $6.35 Current Price is $5.97 Difference: $0.38 If NHC meets the Credit Suisse target it will return approximately 6% (excluding dividends, fees and charges).
The company's fiscal year ends in July. Credit Suisse forecasts a full year FY12 dividend of 17.50 cents and EPS of 28.50 cents . At the last closing share price the estimated dividend yield is 2.93%.
At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is 20.95.
falling stock, page-42
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Last
$4.76 |
Change
0.060(1.28%) |
Mkt cap ! $3.905B | |||
| Open | High | Low | Value | Volume |
| $4.75 | $4.81 | $4.72 | $1.628M | 341.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 35 | 16481 | $4.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.76 | 353 | 5 |
View Market Depth
| Last trade - 11.39am 02/12/2024 (20 minute delay) ? |
| NHC (ASX) Chart |
