No apology necessary. I love a robust argument. I based my thoughts on the 2016 annual report.
Being; page 5 - underlying ebitda up 6 percent to $326 million.
And 92 percent of revenues from facility services business with a gross 10.2 percent ebitda margin.
Page 12 - 1 billion revenue from govt contracts on 10 percent margin
Page 13 - commercial and leisure 1.2 billion at 6.7 percent margin
Page 14 - base and township 600 million at 16 percent margin
Page 15 - doing the laundry...300 mil at 24 percent.
So if these are now efficient and not costing and fully adding to the business and then we throw in some addition from the new businesses - if they are playing the game, then it could be a good year. Just hope he don't throw it all away on some hare brained tech scheme of power poles for tesla drivers up and down the country unless there is a compelling business case. But we shall soon see...cheers to all...
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Interesting times ahead, page-32
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