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3.28%

$1.89 hitech group australia limited

Ann: HIT Performance Guidance FY2017, page-6

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peterdoobes

2,482 Posts.

55

29/06/17

10:44

Post #: 25558479
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Originally posted by Chao88 ↑

Good news again，based on 20% growth，last year was 18 mill revenue so looking at circa 22 mill revenue this year. Gross profit was 3.8 so 4.5 this year. NPAT should rise correspondingly so looking at 2.5 mill. Cash in excess 5 mill no debt.

Can't really see why it should be valued anything less than 25 million for the whole business. Share price should be 70c minimum.

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I'm working on around $2.4m NPAT now. Fully diluted for the options on issue EPS of 6cps.

I think with its recent track record of growth a PE of 12x historic earnings is not a big ask. Plus with all outstanding options exercised excess cash in the order of 15cps.

So I think its worth 85-90c on current information

HIT Price at posting: 64.0¢ Sentiment: None Disclosure: Held
3 Upvote

0 Great analysis

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(20min delay)
Last $1.89		Change 0.060(3.28%)		Mkt cap ! $79.94M

Open	High	Low	Value	Volume
$1.89	$1.89	$1.89	$3.78K	2K

Buyers (Bids)

No.	Vol.	Price($)
1	2000	$1.84

Sellers (Offers)

Price($)	Vol.	No.
$1.95	495	1

View Market Depth

No.	Vol.	Price($)
1	2000	1.840
1	2308	1.830
1	5000	1.800
1	539	1.790
1	10000	1.630

Price($)	Vol.	No.
1.950	495	1
2.000	2318	1
2.010	7245	1
2.090	5910	1
2.100	12500	1

Last trade - 11.02am 10/09/2024 (20 minute delay)

HIT (ASX) Chart