My valuation of MCE (using RM's valuation method)
Equity 31 Dec 2009 - 41.1m
Equity 31 Dec 2010 - 84.5m
Average equity 62.8m
NPAT 30.1m (2010 calender year)
ROE 48%
Equity/share $1.21
Dividend payout ratio 11%
RR 13%
IV
1.21x3.69x0.11=0.41
1.21x10.50x0.89=11.27
0.41+11.27= $11.76
Big jump in IV as a result of much lower than expected payout ratio.
valuation, page-10
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Last
23.0¢ |
Change
-0.005(2.13%) |
Mkt cap ! $72.45M | |||
| Open | High | Low | Value | Volume |
| 23.5¢ | 23.5¢ | 22.0¢ | $55.45K | 242.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 113179 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 28075 | 2 |
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| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| MCE (ASX) Chart |
