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0.00% 1.9¢ asset vision co ltd

Ann: Acquisition, page-4

  1. Otta
    112 Posts.
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    16/10/15
    08:57
    Post #: 16188923
    I emailed the company and they confirmed it's not 10 times so looking like another great acquisition:

    "We will only pay a multiple of EBIT delivered for FY16, FY17 & FY18 so after FY18  - 5-6 times that year earnings is closer."

    Being a people business there's unlikely to be any debt so it's pretty much on EBT I'd presume
    PSZ Price at posting: 96.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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