9 out of 10 analysts have an outperform or buy on EML, page-17

Good review by Shane Fitzgerald from Monash INvestors on EML



Would like for shane to talk more on what he thinks about the jump in overhead cost - which was a major concern from the report without the transcript from Tom teleconference.

i hope hc members understand the jump in overhead cost and that the cbi issues may be able to be finalise sooner - way before december.

eml to benefit up to $10m in gift cards when malls open fully

1% increase rate is like 20% ebita

he forgotten to mention about the natural growth when pfs is fully intergrated with eml and their margins is 80%.
This actually equates to around 30% increase in profit for eml - spread over 1-3years.
i.e. when an irish bank card expiry and they get a new one - that will be on the new margin of 80%.

but in the short term - holders may see the sp drop even more cos of the russia vs ukraine war
which brings a cloud of doubt and negative sentiment over all of europe and eml sp




I dont know how to value a stock and put a price tag on a stock

But I do understand the bigger picture that eml sp has more positives to push it up than negatives to push the sp down.
Therefore i hold and would like to buy more if it drops to $2.50 (as someone hinted).

Also, when tom talked / hinted about future major contracts - it usually means he has it in the bag already and await for final paper works.
that is one thing i like about Tom character... he will only say it, if he knows he has it in his hand.

Lets see how the market treat eml today.