BVA 0.00% 27.5¢ bravura solutions limited

trigger for share price rise, page-3

  1. 2,920 Posts.
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    Hi Guys,

    I am surprised that this stock has stayed low for so long.

    Even in this market I can not find another stock like it.

    Here are some fundamental measures (from BVA Reports):
    Market Capitalisation $25 Million (2/4/2009)
    Half year Sales Revenue increased 9.3% to $73.9 Million.
    Half year EBITDA increased 28.1% to $10.2 Million (yes 2.5 times half year earnings)
    Half Year Group Net Profit After Tax $4.2 Million (yes, 6 times half year earnings)

    Do not see much downside risk, given that key measures are increasing year-on-year. Maybe looking forward to this years results, Group NPAT will be 3 times earnings and EBITDA will be 1.25 times earnings. Believe that this stock is a short term no brainer.

    BVA debt level is high and this is the only negative that I can find. Debt is above $40 Million. Still, a lot of this due towards 2011.

    Can anybody else see any negatives for this stock? Would like to hear them.

    Best of Luck
    Lost
 
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Currently unlisted public company.

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