HT8
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4.35% 1.1¢ harris technology group limited

Ann: Aquisition of eStore, page-9

  1. strauss
    22,120 Posts.
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    04/03/15
    13:38
    Post #: 14858203
    Hi Max
    I read a report somewhere that said these stocks trade on multiples of 1x-1.5x sales it may have been in a presentation

    But your data shows its 0.5x sales

    So on $25m of annualized sales the company should trade at $12.5m or like you say 2.4c-2.6c

    We need to see another quarter of positive operating cash flows and maybe being greedy more improved margins
    HT8 Price at posting: 1.7¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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