Computershare Limited
Recommendation
Computershare Limited -
CPU
Current price
$26.11 at 16:40 (28 March 2024)
Price at review
$2.76 at (08 March 2002)
All Prices are in AUD ($)
Computershare (CPU) - $2.76: The headline half-year profit showed an 18% increase, to $24.5m but the underlying result was not as good. Last year's figures were hit by the one-off writedown of the investment in E*Trade, so the underlying result was down something over 8%. A fully-franked 0.5 cent dividend was declared (ex-date 6 March). The shares are down 17% since issue 95/Jan 01 (Sell - $3.32) and are approaching fair value but, STEER CLEAR for the moment.
IMPORTANT: Intelligent Investor is published by InvestSMART Financial Services Pty Limited AFSL 226435 (Licensee). Information is general financial product advice. You should consider your own personal objectives, financial situation and needs before making any investment decision and review the Product Disclosure Statement. InvestSMART Funds Management Limited (RE) is the responsible entity of various managed investment schemes and is a related party of the Licensee. The RE may own, buy or sell the shares suggested in this article simultaneous with, or following the release of this article. Any such transaction could affect the price of the share. All indications of performance returns are historical and cannot be relied upon as an indicator for future performance.
Recommendation
Computershare Limited -
CPU
Current price
$26.11 at 16:40 (28 March 2024)
Price at review
$2.76 at (08 March 2002)
All Prices are in AUD ($)
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