MYX mayne pharma group limited

I'm on the same side of Hadrian mate - and love the imagination...

  1. 203 Posts.
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    I'm on the same side of Hadrian mate - and love the imagination - but would encourage to use the actuals to forecast; otherwise becomes just another SHAREHOLDER33 or Charts post. Missed the FY by miles with only 2 months left to estimate - that should be a sign for other investors.

    If his Nexstellis growth forecast was to eventuate, the company would be paying 40-50c a share dividend (would need to to get rid of excess cash), and should have a valuation around the $6-$7B - so if the near impossible happened, MYX would be ?? $55-$60 a share based on that. Total fantasy land.

    We are sitting at -$14M EBITDA (i don't exclude the extra costs associated with generating additional revenue, it's fake commentary as those expenses are ongoing). *IF* we are $0 EBITDA at FY24 the CEO will be commended and will be rewarded for amazing work (right issues).

    The aim is to be cash flow +ive and deliver a GROSS then NET profit. We don't have borrowing expenses, so this should be a terrific indication of timing when the company can move towards bolting on complimentary products using the existing sales channels.

    So much to take in - but refer to my earlier analysis - $400m is required for EBITDA $0. We are effectively -$14m and turned $385m with 80% margins. Close, but we missed *realistic* forecasts because of Nextstellis Oct, Nov, Dec results being disappointing.

    Last edited by Dickkyboy: 07/03/24
 
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