Post by
TrickyGame on Mar 02, 2020 8:46pm
Morningstar valuation HRE
I don't know if I can link the report so I will write out the highlight
Ecomonic moat: Narrow
Uncertainty: Extreme
***This is the key point*** Price/Fair Value 0.4
Financial health: Moderate
Fair Value $0.01 but says HRE is undervalued at a 65% discount with a 3 star rating
1 star value >$0.16 cents CAD
5 star value <0.00 cents CAD
Here's so historical vaulations from morning star
2012=0.76 Q Price/Fair Value
2013=0.71
2014=0.55
2015=0.76
2016=1.29
2017=1.12
2018=0.50
2019=0.58
Current=0.35
Here is the definition of morning star Q Fair Value Estimates
i. Quantitative Fair Value Estimate: Intended to represent Morningstar’s estimate of the per share dollar amount that a company’s equity is worth today. Morningstar calculates the Quantitative Fair Value Estimate using a statistical model derived from the Fair Value Estimate Morningstar’s equity analysts assign to companies. Please go to https://global.morningstar.com/equitydisclosures for information about Fair Value Estimate Morningstar’s equity analysts assign to companies. ii. Quantitative Economic Moat: Intended to describe the strength of a firm’
Comment by
bobodolen123456 on Mar 06, 2020 10:25am
Check out Stockwatch, a big buyer today is Instinet, this is not a trader for individual investors but hedge funds and the like, this is promising as they are not likely to trade in this type of stock unless there is a future to it
Comment by
TrickyGame on Mar 06, 2020 12:50pm
I just checked and confirmed your statements. they bought 90,000 shares and they are a trader for instuitional investors
Comment by
TrickyGame on Mar 06, 2020 2:29pm
Shorts have dropped from 20,000 to 17,800 as of yesterday a decrease of 11%