Ivan,
As of the last 3B the company has 88.5 million shares on issue. Still, $3.6m EBITDA for 2011 is assuming absolutely no growth from here, even without acquisitions and just moderate organic growth EBITDA is on track to exceed $4m for FY11. Also I think there is room for the NPAT margin to expand as sales are added without the need to add capacity.
The micro-equities report looked aggressive when it was released back in February, but their forecasts for FY11 of $4m EBITDA and $2m NPAT look a little light given the earnings momentum. eps of 2.5c for FY11 is not out of the question IMO.
powering ahead, page-2
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Last
$1.36 |
Change
0.028(2.07%) |
Mkt cap ! $1.694B | |||
| Open | High | Low | Value | Volume |
| $1.35 | $1.37 | $1.35 | $2.645M | 1.955M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7139 | $1.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.36 | 66212 | 20 |
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| Last trade - 10.10am 31/07/2024 (20 minute delay) ? |
| BGL (ASX) Chart |