NEC 3.10% $1.10 nine entertainment co. holdings limited

Steady Rise, page-23

  1. 147 Posts.
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    The scenario you paint might well come to pass, although I must say that predicting moves in the stock market as a whole based on developments in international commerce and trade is above my pay grade. For the sake of the argument, let us say you’re right - there is 'a major decline in the markets'. Wouldn’t that mean one shouldn’t own any stocks at all (with the exception of those that benefit from disaster), not just NEC?

    Check out the consensus valuations table in the broker report that @malmanu kindly posted on 24 Jan - clipped and pasted below. On a relative basis NEC looks quite attractive, I think. It also looks attractive in absolute terms...so long as scenarios of market-wide doom don't eventuate.

    TV comp.png
    Source: Data in table from Bloomberg, table itself clipped from broker report posted by @malmanu in this thread on 24 Jan
 
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Last
$1.10
Change
-0.035(3.10%)
Mkt cap ! $1.958B
Open High Low Value Volume
$1.14 $1.14 $1.09 $4.013M 3.612M

Buyers (Bids)

No. Vol. Price($)
3 22344 $1.10
 

Sellers (Offers)

Price($) Vol. No.
$1.10 28916 3
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Last trade - 16.10pm 06/11/2024 (20 minute delay) ?
NEC (ASX) Chart
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