FND 7.35% $5.11 findi limited

This weeks price and volume action clearly indicates some...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,282 Posts.
    lightbulb Created with Sketch. 595
    This weeks price and volume action clearly indicates some serious accumulation is happening.
    Remember that an EBIT next year for arguments sake of $35m would put this company at a $7.00 valuation at a multiple of 10. Gotta think that’s a very very conservative target.

    At $50 m EBIT it’s $10.00 per share at 10
    Times multiple..

    Consider FND with growth from the digital side over the next 2-3 yrs then you can reasonably assume a considerably higher EBIT and multiple - this stock will continue to re-rate and surprise on the upside year on year.

    Get set guys - risk reward, this is a multi bagger from here in the next few years imho
    Many worry it’s run to much from where it was 6months ago, but for me it has proven its business case with earning visibility and I believe the market is in the process of re rating this much higher. DYOR
 
watchlist Created with Sketch. Add FND (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.