Sugar babes... money talks man
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Sugar babes... money talks man
Hi team, my very first post in any forum. Thought I jump into the fair value discussion.
In case someone cares, I bought during COVID and held for too long and sold with no profit or loss. But watching the stock closely.
I calculated a fair value of $0.72 per share. (based on margin of safety calculation that I adopted from the book 'Payback Time')
Assumptions
EPS = $0.09 (not a TTM value as proposed, but rather a realistic value based on previous years)
Growth rate = 8% (hard to calculate for this company atm, yahoo finance has much higher values)
PE Ratio = 15%
MARR = 15% (minimum acceptable rate of return)
MOS = 50% (Margin of safety)
Based on that my MOS price would be $0.36 which seems really unrealistic. Plus I can't really see an uptrend yet (based on moving averages)
I found other operators to match my calculations better atm, so I will wait and watch Oceania for now.
Happy for advise and opinions. Cheers
No investment advise but rather my opinion.
4000 shares ... nothing to lose bull!!!