EPISODE 59 - PAUL RYAN
On today’s edition of the Morning Mail, David is joined by Senior Research Analyst Paul Ryan.
We discuss in detail our current thoughts on Asciano Group. Since their recent result the share price has fallen ~4%, underperforming the market by ~11%. Paul explores the potential reasons around this underperformance and updates his views on the company – including balance sheet, debt re-financing, operations and competition.
Our current valuation for the company is $1.90, and it remains in our Evans and Partners Equities Model Portfolio.
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