WSI 4.17% 11.5¢ weststar industrial limited

Albemarle's $1 billion Kemerton plant, page-10

  1. 378 Posts.
    lightbulb Created with Sketch. 37
    I love Maths, and not good in drawing (will make an architect is a bit upset). But I believe that numbers and figures give a correct picture of everything and make a beautiful truth and sustainable development of everything.
    Basic Maths on WSI, the current book at 33 mil is tempting, BUT what is the margin % ?
    Let's saying 20%, we will have around 6.6 mil positively coming into the book in the next 4D.
    Take 6.6 / total share of 420 mil = 1.5 cents EPS. Apply PE = 10 then we have 15c SP. OMG, I should put my house to this one.
    BUT, hang on a second, is it true ?rolleyes.pngrolleyes.pngsneaky.png
    10% margin to be safer, we still get 7.5c for SP.
    Wait a minute, is it true rolleyes.pngrolleyes.pngsneaky.png .... rolleyes.pngrolleyes.pngsneaky.png ???
    I will remain overly cautious about this stock until I see the real figure in upcoming 4C or later in 4D. smile.png

    P/S: Never put your house at any risk whatsoever in life, because you will need a place to crash upon falling.
    My wife have 75% ownership of the house anyway. biggrin.png
    Last edited by GoldenSoul89: 08/04/19
 
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