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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Last
12.5¢ |
Change
-0.010(7.41%) |
Mkt cap ! $37.71M |
Open | High | Low | Value | Volume |
13.0¢ | 14.0¢ | 12.5¢ | $54.67K | 399.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 58496 | 12.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.0¢ | 49236 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 58496 | 0.125 |
4 | 322333 | 0.120 |
1 | 24796 | 0.115 |
2 | 41081 | 0.110 |
1 | 20000 | 0.105 |
Price($) | Vol. | No. |
---|---|---|
0.130 | 49236 | 1 |
0.135 | 1500 | 1 |
0.140 | 229819 | 4 |
0.145 | 152175 | 5 |
0.150 | 280610 | 3 |
Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
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