COG 0.35% $1.42 cog financial services limited

ECX commercial asset loan book is up for sale...its very simple...

  1. 6,402 Posts.
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    ECX commercial asset loan book is up for sale...

    its very simple calculation here, COG has book value of 195m, trading on market at 120m, who covers 14% of the market in the space, so someone csn offer 1bil to consolidate the whole industry using this formula, but in reality, it would cost a few times more, and in turn, COG should worth a lot more...

    in the housing market, the only party u dont want short changed is the agents; in the equipment finance market, the last one lose out is broker, that is after manufacture, dealer, and banker, yes banker will lower their interest rate for brokers to sell and pay commission.
 
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Last
$1.42
Change
0.005(0.35%)
Mkt cap ! $273.7M
Open High Low Value Volume
$1.42 $1.42 $1.42 $566 400

Buyers (Bids)

No. Vol. Price($)
1 50 $1.42
 

Sellers (Offers)

Price($) Vol. No.
$1.46 9239 1
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Last trade - 14.56pm 29/03/2024 (20 minute delay) ?
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