CDD 5.88% 18.0¢ cardno limited

News: CDD Cardno Sees Fy21 EBITDA In Range Of $40 Million To $45 Million, page-2

  1. 1,578 Posts.
    lightbulb Created with Sketch. 58
    Not sure why the SP is not moving up.

    Management provide guidance and then over deliver for the last financial year.

    They have provided a guidance for the 21 year and I suspect they will over deliver.

    The SP at $0.315 values the business at a 5 X's multiple which is very low for a business with no debt

    At some stage this will be re rated
 
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