MYE 0.00% 19.0¢ metarock group limited

DSB vs MYE

  1. 495 Posts.
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    DSB vs MYE

    For all those believers in coal having bottomed and think it's coming back, perhaps you should all look at DSB.

    DSB market cap $10m (17.5c share price)
    - net debt only $2.4m
    - reported Underlying NPAT $1.6m (current PE 6.25)
    - re-instated divi's & paying 0.8c fully franked
    - future guidance going forward of 60% payout ratio
    - confident of growth again in FY17

    Unfortunately MYE has a lot of debt and is still losss making and pays no divi's yet has a market cap 60% higher.

    I only say this as I was first interested in MYE and then found DSB
 
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