SIT 0.00% 0.3¢ site group international limited

Slabbo.The ebitda for the last quarter was $5.3 million .Add to...

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    Slabbo.The ebitda for the last quarter was $5.3 million .Add to this the ramping up of the gas plant training in the Png,the Saudi aramco training deal,and the granate (General Electric training deal)which were not in the last quarters figures.I think the ebitda for the year ended the 30 th June 2016 will be $15 million plus and the next year could be $25 mill plus .Working on the back of the envelope with a profit of say $20 million (after tax $14 million)I think Pe should be about 20 times due to the fantastic growth of this company .Accordingly value would be $280 million divided by number of issued shares of 520 million would equate to a share rice of approximately $0.54 cents .A lot higher than the current share price .
 
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