"The post from MarsC goes to the heart of the matter - if CTD isn't growing much organically it does not merit a premium rating. More so now as it will be harder to grow EPS through acquisitions after recent events."
Agglommeration via M&A makes the return greater than the sum of its parts (they have been buying businesses at an ev to earnings of around 4 to 5 just like the airlines have done with amalgamation and then adds value by bringing the business into CTO where the PE goes over 15 so at least a doubling in value , so feel your assumptions are incorrect
Why I passed on CTD., page-74
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Last
$13.90 |
Change
-0.110(0.79%) |
Mkt cap ! $1.780B | |||
| Open | High | Low | Value | Volume |
| $14.02 | $14.13 | $13.65 | $7.554M | 543.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4626 | $13.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.92 | 1580 | 2 |
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| Last trade - 16.10pm 26/11/2024 (20 minute delay) ? |
| CTD (ASX) Chart |
