Management of this company are some of the better paid in corporate Australia, let alone small cap land. Dare I say overpaid. Way overpaid.
This business is impossible to model and therefore to have any confidence in earnings, and the company does a poor job explaining.
SRG numbers pre the merger where inflated by the significant profit on the sale of property, overstating the true earnings base.
I found the merger strange, diluting the "making the complex easy" business with a recurring services business, maybe the reverse applies, strengthening a project business with recurring earnings? Anyhow, little overlap or synergies.
Probably interesting at current prices but deserves no more than a 8x-10x mid-cycle PER rating IMHO.
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Last
89.0¢ |
Change
0.010(1.14%) |
Mkt cap ! $463.9M |
Open | High | Low | Value | Volume |
89.0¢ | 89.5¢ | 88.0¢ | $741.0K | 831.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 22498 | 89.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
89.5¢ | 16877 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 22498 | 0.890 |
2 | 8864 | 0.885 |
3 | 26374 | 0.880 |
4 | 33181 | 0.870 |
2 | 18979 | 0.865 |
Price($) | Vol. | No. |
---|---|---|
0.895 | 16877 | 2 |
0.900 | 28544 | 3 |
0.905 | 18014 | 3 |
0.915 | 12185 | 3 |
0.920 | 51086 | 2 |
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