SGL ricegrowers limited

Ann: SunRice Presentation ASX CEO Connect Event, page-21

Currently unlisted. Proposed listing date: MONDAY, 8 APRIL 2019 11:00AM ##
  1. 11 Posts.
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    I think the result is even better than that - the NPAT attributable to class be shareholders is actually $14.8m up 11% from last year's H1 NPAT of $13.4m. Based on this I would expect a full year NPAT of $25m+ or ~0.42+ps which implies a P/E of <10x at $4/sh. This is a great value company at $4/sh given it current profitability (in difficult market conditions) and material growth potential.
 
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