CCV 0.00% 21.0¢ cash converters international

Ann: Acquisition of the largest franchisee in the United Kingdom, page-2

  1. 2,510 Posts.
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    Is it too simplistic to think that spending $25M (4.8 time EBITDA) on a company with NTA of $9.8M ($15M goodwill) is the wrong thing to do when you are trading at a multiple of 3 times EBITDA. Obviously cannot do a share buyback???
 
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