IRE 0.45% $10.00 iress limited

I love IRESS- one of my first shares. Looking at intrinsic...

  1. asf
    9,888 Posts.
    I love IRESS- one of my first shares. Looking at intrinsic value, I think Roger Montgomery has changed the IV: I recall when it was $6.60 because that was a price I was waiting for and it never arrived (I made a post about it on the IRE threads). Now that it has arrived, the IV is, according to RM, $5.75, and will rise to $6.31 over the next two years:

    http://blog.rogermontgomery.com/wp-content/uploads/2012/03/IRESS-Skaffold-Value-line.gif

    If it *does* fall to $5.75, it will be terrific value. Actually, it will depend on the markets in Aus and the world, but still...

    We all seem to agree what a good company it is, but it is getting a bit smashed right now. Always one to watch.
 
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