Hi Mal
you've bought v. well.!
Those gross and NPAT margin targets look sensible to me for a mature operation. But given TPW's current revenues are ~$63m and they are still loss-making at those levels, I think they'll need considerably higher revenue to reach a $4-5m profit.
In the June 2017 trading update the company suggested that based on the costs incurred in Q4 they would achieve break-even in profit terms with ~$79m revenue. If/when revenue grows above that we should start to see good profit growth. TPW has had a lot of losses too, so I expect it won't pay much corporate income tax for a while either. This too will help the profits grow quickly.
about 0.6, if follow rbl valuation, page-17
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add TPW (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$9.16 |
Change
-0.110(1.19%) |
Mkt cap ! $1.087B | |||
| Open | High | Low | Value | Volume |
| $9.50 | $9.73 | $9.12 | $4.256M | 460.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 22 | $9.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.23 | 1171 | 1 |
View Market Depth
| Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
| TPW (ASX) Chart |