EZL euroz hartleys group limited

Ann: Proposed Capital Return, page-4

  1. 3,102 Posts.
    lightbulb Created with Sketch. 706
    Nice.
    In 5 months they’ve put on another $5.5m in cash/investments. A big year, when you consider we did +$6m NPAT first half.

    At approx. 165m shares on issue:
    Current MC is $144m with $98.5m cash/investments. Say we do $12m NPAT for the year, EV/E is under 4! That seems stupid cheap, even for a cyclical.

    My opinions only.
 
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