ECL
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1.29% $3.13 excelsior capital ltd

Ann: Earnings Results Update FY23, page-9

  1. byg2323
    116 Posts.
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    26/07/23
    15:05
    Post #: 68993047
    Pretty simple to realise alot of value from here
    1. Sell Investment portoflio
    2. Payout surplus cash with franking - say 90c per share with 38.6c franking
    3. IPD trading at 16.5 times EBIT. Take a scrip deal for say 7 times EBIT. $15.2m x7 = $106.4m or $3.67 per share

    Result (ignoring the removal of various duplicate costs)
    1. IPD get a very accretive acquisition
    2. ECL shareholders get $4.96 value
    Last edited by byg2323: 26/07/23
    ECL Price at posting: $2.39 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch. 1  Great analysis
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$3.13 		Change
0.040(1.29%) 		Mkt cap ! $90.75M
Open High Low Value Volume
$3.10 $3.13 $3.10 $2.719K 873

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No. Vol. Price($)
1 1585 $3.10
 

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Price($) Vol. No.
$3.14 321 1
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