Mount Gibson Iron (MGX)
Mount Gibson Iron Ltd. engages in the business of mining, exploration, and development of hematite iron ore deposits. It operates through the Extension Hill and Koolan Island segments. The Extension hill segment includes the mining, crushing, transportation, and sale of iron ore. The Koolan Island segment involves the mining, crushing, sale of iron. The company was founded in 1996 and is headquartered in West Perth, Australia.
|Market Price at 22-11-2017
|Price to Earnings Ratio
|Return on Equity (ROE)
Blog posts that reference Mount Gibson Iron:
Tuesday, April 01, 2014
Given the uncertainty over earnings growth in 2014/15, you understandably don’t want to pay any more than you need to for top stocks. But there are occasions when you shouldn’t be deterred from paying close to or indeed above intrinsic value (IV) for quality companies on a strong growth trajectory.
As a value investor, sometimes you’re better off buying a quality business with plenty of growth in front of it at a (slight) premium to its intrinsic value than trying to save money on a bad stock that’s languishing.
Friday, February 28, 2014
We’ve just finished the last week of February and the majority of ASX stocks have reported their interim or full year results.
We’ve just finished the last week of February and the majority of ASX stocks have reported their interim or full year results. A few to watch over the coming days is 2012 Money magazine top stock and Skaffold favourite Seymour Whyte (ASX:SWL), who released a positive sounding report recently, as did Flight Centre (ASX: FLT) and Blackmores (ASX:BKL).
A few to watch over the coming days is 2012 Money magazine top stock and Skaffold favourite Seymour Whyte (ASX:SWL), who released a positive sounding report recently, as did Flight Centre (ASX: FLT) and Blackmores (ASX:BKL).
Monday, August 26, 2013
Is a trend appearing amongst casino and entertainment stocks?
Over the weekend full year results for Echo Entertainment Group (EGP), Tatts Group (TTS) and Crown Limited (CWN) flowed through Skaffold. Echo’s Skaffold Score improved from B3 (based on the company’s interim results) to B2. B2 is one of Skaffold’s preferred scores. Tatts Group (TTS) rose from C4 to B3 and Crown’s improving business performance lifted its Skaffold Score from A4 to A3.
TTS and EGP are trading at premiums of more than 60% to Skaffold’s 2014 intrinsic value estimates. CWN is trading at a 40% premium. Whilst the intrinsic value of all three businesses is forecast to rise at an impressive rate over the next two years, looking at the Skaffold Line chart of each stock it appears the market has already factored in this future growth.
What’s driving the improving performance of gambling-related stocks? Is the increasing accessibility of internet gambling driving this trend. And what does this mean for the wider community?
Friday, January 11, 2013
In late 2010 Money magazine’s Editor-in-Chief Pam Walkley and Editor Effie Zahos asked the team at Skaffold to identify 50 top-quality stocks that were below their true worth. Including capital growth and dividends, an equally weighted portfolio invested across the fifty stocks has returned 12.8% in 12 months. Had you invested only in the 28 stocks that were forecast to offer growth AND yield, your return would be 20.0%. $50,000 invested equally across the Top 5 has returned 18.6%. Skaffold’s Top 50 stocks for 2013 will be published in the February edition of Money magazine, on sale Wednesday 6 February 2013.