CPU 0.00% $9.71 computershare limited.

Huntley on CPU

  1. 400 Posts.
    From todays Huntley

    Computershare (CPU) $1.90
    Management complains about a lack of understanding of in the sharemarket yet passes on yet another opportunity to increase information about their company by cancelling a strategy briefing today. The substance of their release was that the company is tracking or the lower end of management guidance for profit or an amount of $56m which is in line with our expectations. At yesterday’s close of $2.10 the shares are trading on PE multiple of 20.8 times and a very low yield hardly worth mentioning. We expect FY03 earnings to be higher than FY02 but not to an extent that warrants investment in the current climate. What the last year has proven is that CPU is a cyclical stock which will perform in line with interest rates and the capital markets. Given the disappointments over the last year, there is no prize for trying to pick the bottom in CPU and we refer to wait for a sustained improvement in the capital market activity and notably higher global interest rates. We expect the shares to be significantly lower today. In early trading the shares are currently $1.90 and look to be going lower.


 
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$9.71
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Mkt cap ! $5.251B
Open High Low Value Volume
$9.84 $10.21 $9.50 $32.44M 3.310M

Buyers (Bids)

No. Vol. Price($)
1 1038 $9.63
 

Sellers (Offers)

Price($) Vol. No.
$9.71 33441 4
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Last trade - 16.10pm 31/03/2020 (20 minute delay) ?
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Last
$9.62
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0.000 ( 1.26 %)
Open High Low Volume
$9.82 $10.20 $9.50 642398
Last updated 15.59pm 31/03/2020 (live) ?
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