VYS 3.85% 50.0¢ vysarn limited

Up 217.2%, page-132

  1. 503 Posts.
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    Just ignoring VAM which @db9260 has explained the valuation on fairly well, you need to do a sum of the parts valuation on the other businesses.

    Pentium Test Pumping and Project Engineering are growing revenue at double digit rates p.a. and have some very unique IP (VYS have no competitors when it comes to their dual pumping/injecting rigs).

    Pentium Water will generate a lot of earnings through the VAM work (obviously net impact of nil on consolidated accounts), but it saves VYS from having to pay external contractors.
 
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