they are forecasting FY21 EBITDA of $20.8 million
logistics division expected to do $50 million revs
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They have a 2021 PE of just 8.4x. The small ords is around 20x. Even discounting against that index and applying a 16x multiple gets me to $1.28 on their numbers. It’s worth noting they expect EPS to fall in 22 and 23 but this is due to a segment mix change and tax losses being absorbed by FY23.
Still LOTS of upside here. They also have a 3c dividend in FY21 even though EPS is expected to be 8c. That’s a low payout ratio. I’d expect something closer to 4c, which gives me a market yield of over 5% and for holders that have owned this for a little bit, a very very high yield.
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10.3¢ |
Change
0.003(2.50%) |
Mkt cap ! $29.73M |
Open | High | Low | Value | Volume |
10.5¢ | 10.5¢ | 10.3¢ | $4.867K | 47.48K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 345 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 177529 | 7 |
View Market Depth
No. | Vol. | Price($) |
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1 | 345 | 0.100 |
1 | 43161 | 0.095 |
1 | 10645 | 0.093 |
1 | 220000 | 0.092 |
1 | 27000 | 0.091 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 177529 | 7 |
0.110 | 71666 | 2 |
0.115 | 47128 | 3 |
0.125 | 80189 | 3 |
0.130 | 150999 | 4 |
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