This is a blindingly good set of numbers. Revenue up a bit but the margin has increased which makes a substantial difference to profit and a safer business going forward. (They are paying the full 30% tax - maybe they can get a better accountant.)
Anyway, I've got them on a target PE of 15 which gives a target SP of 68c.
Ann: Service Stream Appendix 4D and HY2016 Accounts, page-2
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