Not sure what the short term result will be but on a medium longer term outlook if the business is any good daily gaps above at $27.64 and $30.07 will be filled in due course.
I note that according to Simply Wall Street (SWS) there has been net significant insider buying in the reasonably recent past. Bennelong have bought more than 2.2 million shares from July to November'18. Directors have dabbled in smaller parcels of shares.
Analyst figures can easily turn out horribly wrong but SWS have intrinsic DCF at $25.67 which at todays SP is about right/ballpark/in the range.
One year performance sees it up 16 odd % against a down market. I could pick heaps of timeframes but no point.
SWS has returns on earnings, growth and assets as overvaluing the business at current SP.
Expected annual earnings growth at a very robust 18.7% and a 3 year expected ROE at a very good 21.1%
Debt levels are at a very low 9.3% of net worth.
In the end the market will decide the fate of CTD. The first half and especially the Outlook will be keenly awaited. One thing they do need is plenty of organic growth.
If the recent affirmation statements of the business prove to be correct then outlook pending it will be pointing up.
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Last
$13.99 |
Change
0.090(0.65%) |
Mkt cap ! $1.780B |
Open | High | Low | Value | Volume |
$13.93 | $14.12 | $13.86 | $5.089M | 362.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1292 | $13.97 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$14.00 | 733 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2063 | 11.420 |
4 | 5973 | 11.370 |
1 | 3403 | 11.360 |
1 | 8625 | 11.350 |
2 | 5258 | 11.340 |
Price($) | Vol. | No. |
---|---|---|
11.430 | 809 | 1 |
11.450 | 186 | 1 |
11.460 | 1972 | 4 |
11.470 | 3403 | 1 |
11.480 | 3403 | 1 |
Last trade - 16.10pm 27/11/2024 (20 minute delay) ? |
CTD (ASX) Chart |