Hey Guys, how the hell do you all not think APT is currently not overpriced?
142 Million Revenue.
9 million in losses.
Market Cap 4 Billion.
Take MYO as one example of a stock with a market cap of 2 billion.
Column 1
Column 2
Column 3
Column 4
0
Key Financial Metrics A$m; 6 mths ended 30 June
1H18 $m
1H17 $m
YoY % change
1
Revenue
218.5
204.0
7%
2
Underlying EBITDA
92.7
89.6
3%
3
NPAT
25.3
28.3
(10%)
4
NPATA
45.6
48.5
(6%)
5
NPATA EPS (cents)
7.7
8.1
(5%)
Declared dividend return to shareholders of 5.75 cents @ 100% fully franked.
APT share price will in my humble opinion over the next 12 weeks slowly move back in price to reflect true value, less all the hype. Back to $14-$15 dollars.
My advice is do lots of research and be realistic with forward numbers. The golden rule in any stock is the share price will match the company’s earnings after the hype has died down.
Did you all notice the amount of shares all directors sold over the last 12 months? In the annual report the total was 5,700,000 million shares sold by directors! Page31. If the share price was “Undervalued” why would the “Directors” sell any of their holdings? Especially if the share price is going to $50.
Source: https://hotcopper.com.au/threads/ann-fy2018-appendix-4e-and-annual-report.4379159/#.W4F4jOQnaUk
asx.com.au + MYO.
APT Price at posting:
$19.69 Sentiment: None Disclosure: Not Held