Будущие аналитики
Taking a contrarian view, and making a sell recommendation on construction company Group Five, the University of Johannesburg (UJ) won this year’s local CFA Institute Research Challenge, breaking the winning streak of the University of Cape Town.
The universities of Pretoria, Cape Town and Stellenbosch all had buy calls on Group Five, citing the high margin Rest of Africa exposure as a big drawcard.
Crunching the numbers, UJ arrived at a one year target price of R38.70 using a sum-of-the-parts valuation method, and a one year target price of R34 using the earnings multiplier model. This was done mid-September when the share was trading at R41.00. The share has now slipped down to around R38.
http://www.moneyweb.co.za/moneyweb-investment-insights/sell-call-on-group-five
Сейчас бумага еще просела. Не все аналитики одинаково плохи, может доберутся до Атланты :)
Хотя чемпионы последних лет не очень хорошие выдают рекомендации, но там форма важнее содержания, имхо
http://www.cfainstitute.org/community/challenge/about/Pages/past_champions.aspx
The universities of Pretoria, Cape Town and Stellenbosch all had buy calls on Group Five, citing the high margin Rest of Africa exposure as a big drawcard.
Crunching the numbers, UJ arrived at a one year target price of R38.70 using a sum-of-the-parts valuation method, and a one year target price of R34 using the earnings multiplier model. This was done mid-September when the share was trading at R41.00. The share has now slipped down to around R38.
http://www.moneyweb.co.za/moneyweb-investment-insights/sell-call-on-group-five
Сейчас бумага еще просела. Не все аналитики одинаково плохи, может доберутся до Атланты :)
Хотя чемпионы последних лет не очень хорошие выдают рекомендации, но там форма важнее содержания, имхо
http://www.cfainstitute.org/community/challenge/about/Pages/past_champions.aspx