ASX 1.02% $89.45 asx limited

Any shares below their EPS ?, page-8

  1. 2,494 Posts.
    lightbulb Created with Sketch. 322
    Don't know about any shares selling below their eps, but another way to look at it is:

    Are there any shares selling below their prospective cashflow? Barra resources (BAR) comes to mind, and hopefully Anvil (AVL).

    A most peculiar gem that came through right at the end of the last reporting season was Ausdrill. From memory, they reported a six -month cashflow equal to their share price and a book value of about three times the share price. The share price was 12c at time; next trade was 15c and then it took off to about 35c in a couple of weeks.

    Plenty of small producer miners around at moment on prospective operating cashflows of 2 - 5 share price. I figure they are the safest bet in this bear market, particularly if they pay a div. Kingsgate is one, believe it or not. (It has trebled in the last year so people think it's expensive); Gindalbie Gold is another, Mincor and CSM are, Austral coal if you can wait until 2003.

    Personally I love this market. Bargains galore. How often do you get the chance to buy a whole company from 2 -3 years earnings?
 
watchlist Created with Sketch. Add ASX (ASX) to my watchlist
(20min delay)
Last
$89.45
Change
-0.920(1.02%)
Mkt cap ! $17.49B
Open High Low Value Volume
$89.46 $90.47 $89.23 $11.23M 125.3K

Buyers (Bids)

No. Vol. Price($)
4 47 $89.45
 

Sellers (Offers)

Price($) Vol. No.
$89.47 33 2
View Market Depth
Last trade - 11.50am 02/12/2021 (20 minute delay) ?
(live)
Last
$89.41
  Change
-0.920 ( 0.98 %)
Open High Low Volume
$89.68 $90.36 $89.19 53522
Last updated 12.09pm 02/12/2021 (live) ?
ASX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.