I'm still confused as to why TIL would not provide a nzx release confirming broker coverage I know other forms have done this following a first or new broker reports of firms.
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I'm still confused as to why TIL would not provide a nzx release confirming broker coverage I know other forms have done this following a first or new broker reports of firms.
I think CL playing it safe and going the conservative way
Their $4.14 a bit lower than my $4.43 DCF (but about the midpoint of my low growth / base case scenarios)
Looking at their forecasts pretty much in line with my model - which gives me even more confidence.in my numbers
Only upwards from here - even more so if boysy's expectations eventuate, even that would make CL redo their sums.
Not long to wait until FY results released and guidance given. Pleasing to see some buying interest bidding up the price at 3.38 at present.
Things certainly appear to be aligning as winner pointed out the growth expectations assumed in the valuation do appear conservative. How these will compare with the companies outlook will be known in the next 6-8 weeks.
Accumulating at $3.27 this morning after it went to $3.38 a day or so ago, might not have too many more opportunities at this level for too much longer.
That's a decent bump in so LAC let's hope it eventuates sooner than later