Thanks.
With a net debt to ebitda of less than 1, and debt clearly coming down from the debt high of 57mil to about 35mil at fy17 end, And the big costs of reducing capacity and retrenchment in the rear view mirror, I don’t think debt will be an issue at all.
With revenues still at a fy runrate of 800mil, there’s obviously a market for printing.
A share price of 13c at current ebitda level of 42mil would imply an ev/ebitda of 2 or less and with debt further reduced significantly, a forward ratio of maybe 1.5. I’d love that!
PMP Price at posting:
23.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)