Hey, sorry I did not make it clear but I meant the shares are trading at around 5 aud. You are right last year UNPAT/Cash Earnings was at 33.6c. I assume this year we will prbably see 38-40c, considering the market recovery while earnings need time to adjust to new level of FUMAA. However UNPAT does follow the market and thus FUMAA. With the acquistions, although a little bit optimistic, I can see a path that we make 50c next year. Market is usually looking forward to next year earnings, not the current year. I assume it is the same in Australia.
All the screen I can see showing 29.4 in EPS and based on that FID is quite expensive, considering the sorry state in this sector. But if I was right and we do have underlying EPS come close to 50c in 19/20, then this is probably too cheap. But be advised no one other than those who have serious interests in this company have any incentives to look beyond headline P/E. This is likely the reason why it is quite cheap. Be prepared it will remain this way for a long time.
Liquidity will soon flood the market if Australia decides to do its own QE/stimulus. It is ironic to see the market remained flat while all other markets are making new highs and will finally break out when the economy is under more stress.
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Last
$7.60 |
Change
-0.020(0.26%) |
Mkt cap ! $239.2M |
Open | High | Low | Value | Volume |
$7.65 | $7.78 | $7.56 | $86.51K | 11.30K |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 2479 | $7.60 |
Sellers (Offers)
Price($) | Vol. | No. |
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$7.76 | 3750 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 2479 | 7.600 |
2 | 1534 | 7.410 |
1 | 660 | 7.350 |
1 | 40 | 7.250 |
1 | 70 | 7.210 |
Price($) | Vol. | No. |
---|---|---|
7.760 | 3750 | 1 |
7.900 | 2521 | 1 |
7.940 | 377 | 1 |
7.980 | 125 | 1 |
8.300 | 2102 | 1 |
Last trade - 16.10pm 28/03/2024 (20 minute delay) ? |
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Last
$7.68 |
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Change
-0.020 ( 2.20 %) |
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Open | High | Low | Volume | ||
$7.63 | $7.77 | $7.58 | 1881 | ||
Last updated 15.59pm 28/03/2024 ? |
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