ELD 0.33% $9.20 elders limited

a good long term hold, page-35

  1. 7,877 Posts.
    lightbulb Created with Sketch. 481
    All i see in this thread that resembles your thoughts on value is:

    "So i still have a interest but only at the right price .13c"

    "Thats why im starting to think .10c a share"

    Sorry but which is it as the first implies a value (assuming the new issued capital will be 4.486 billion as stated in the prospectus) of $448m and the latter assumes a value of $583m. Quite a difference - 30%.

    Based on FY10 EBITDA Forecast of $116.6m your EBITDA multiple is between 3.85 and 5.00. Isn't that a bit low phishpeet?


 
watchlist Created with Sketch. Add ELD (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.