EZE 0.00% 6.0¢ ezenet limited

quick check on value

  1. 74 Posts.

    so many asx mmicro cap stocks carry pe multiples of 10-40x with no current cashflows to write home about and high risk/reward propsects, but not this one - why?

    ntab is around current market cap of $12m which is unheard of esp in a reasonable market.

    refer latest ann. - mining assets worth around $11.4m or 13.6 cents per share.

    digital movie biz is going to make an ebitda of $880k this year and forecasting $1.2m mext year - apply a conservative pe on ebitda of say 5x (which is low for high growth biz) and movie side should be worth $6m - on 07/08 earnings.

    eze stock should be valued at 21 cents....................



 
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