BGL 4.17% $1.27 bellevue gold limited

My take on those stats pecora:** EPS: remember they have issues...

  1. MJS
    2,280 Posts.
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    My take on those stats pecora:

    ** EPS: remember they have issues shares for company purchases, however the impact from these has been for (i) barely half a year, and (ii) also impacted by integration costs. Hence why 2012 has always been the year to look to.
    ** Profit ... integration costs, amortisation ... look to 2012.
    ** Amortisation: a non-issue to me. Non-cash. Cash flow is king.

    Re the Montgomery blog, one number he has wrong is the vendor payments over the next 12 months. A poster Mark S - me - commented on this and other company matters. The expected EBITDA (which should not be far from cash flow given the low debtor days) comfortably covers all expected liabilities plus there should be funds left over for a dividend - although that will depend on the rate of organic growth (or if other purchases) and CAPEX investment needed to fund.

    MJS

 
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