Bargain of the century IMHO.
For those unable/unwilling to read, this is what they are saying for FY18:
EBITDA - $4.4-5.2M
EBIT - $2.6-3.4M
NPAT - $1-1.8M
...Martket Cap - $8.8M
At a conservative P/EBIT ratio of 10, this should have a market cap of $26-$34M (3-4 bagger)
Heck at a P/NPAT ratio of 10 (lol), this is worth $10-$18M. (20% - 2 bagger)
Easy 2-3 bagger hiding in plain sight in my view as they start smashing through their debt.
What I think will really happen is this will get taken over by someone willing to fork out $20M for the debt, say $15M (for the business - to woo Con out of his shares)...hey presto, easy $3M+ profit per annum.
Or the market will wake up to a heckuva bargain.
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- Ann: Earnings Guidance
Ann: Earnings Guidance, page-2
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.864M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $221 | 55.15K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 4604999 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 2527734 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 157909 | 0.024 |
1 | 150000 | 0.022 |
3 | 312000 | 0.021 |
1 | 47666 | 0.020 |
1 | 100000 | 0.018 |
Price($) | Vol. | No. |
---|---|---|
0.027 | 400000 | 2 |
0.028 | 40593 | 1 |
0.029 | 4690 | 1 |
0.030 | 1193623 | 6 |
0.031 | 285244 | 2 |
Last trade - 16.10pm 27/11/2024 (20 minute delay) ? |
TTI (ASX) Chart |