Well the company is repositioning itself very nicely. Surveying...

  1. 1,273 Posts.
    lightbulb Created with Sketch. 1838
    Well the company is repositioning itself very nicely. Surveying was up 30% from 2016 to 2017 reaching $66 million. It is set to go above $90 million FY2018, a further increase of around 35%. I like it that they are targeting an EBITDA of 15-17% for FY2018 and if this is achieved the share price will go into the 30s. Even $100 million revenue and $10 million EBITDA should see that happen. They are certainly on an aggressive growth path, currently tracking at annualised revenue of $125 million, and aiming for 270 -330 million. There is a continued focus on EBITDA of 15-17% through integration and growth strategies. The annual report is just around the corner, usually coming out in August with the dividend to follow shortly after. Like you Nippa, I can't help thinking this share is a really good medium term growth stock that is currently undervalued. The more so given that of the $68 million they have spent on acquisitions, $47 million was in cash, showing just how profitable the company really is.
 
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Last
5.6¢
Change
0.004(7.69%)
Mkt cap ! $29.22M
Open High Low Value Volume
5.6¢ 5.8¢ 5.6¢ $8.1K 144.3K

Buyers (Bids)

No. Vol. Price($)
1 50000 5.5¢
 

Sellers (Offers)

Price($) Vol. No.
5.8¢ 51380 1
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Last trade - 15.02pm 25/06/2025 (20 minute delay) ?
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