Guys - focusing on the cash generation of PRT wanted to provide a quick illustration as to why I think we have about 100% upside for current business excluding any growth revenue opportunities
jf we start in January 1 2021 and we start with cash at 31 m
and we take 25m cash flow calendar year one and drop by 15% to be conservative each year reflecting a weakening TV advertising audience prt will end up with cash flow per annum as follows
25, 21 , 18, 15, 13 m
thats 92 m plus 31 m or 123 m which equates to over 30c a share. This excludes assets including net receivable whereby you can add another 15 m on top
As mentioned the real opportunity lies in how they will use the cash to transform
its clear to me that with cash accumulation equating to 6c -7c a share per annum PRT will keep rerating
Add to My Watchlist
What is My Watchlist?