$6 sounds in my view a bit optimistic, but I agree that the stock appears at current undervalued. Analyst consensus is $ 4.77 and when using the Benjamin Graham formula for intrinsic value you end up with $5.68 (this is if you start with 2011 as I happened to do and believe the current predictions for 2016; if you take a shorter window it looks less rosy).
So - I guess the question is, whether the current (long-term) growth rate is likely to stay, slow down or increase - and this is deeply correlated with public budgets and the success or otherwise) of the mining industry.
$6 sounds in my view a bit optimistic, but I agree that the...
-
- There are more pages in this discussion • 2 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 DOW (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$5.78 |
Change
0.060(1.05%) |
Mkt cap ! $3.626B | |||
| Open | High | Low | Value | Volume |
| $5.78 | $5.88 | $5.77 | $3.584M | 617.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 8576 | $5.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.80 | 9210 | 3 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| DOW (ASX) Chart |
