all is on track at fnp. sure they had a month or so delay in the new manufacturing launches but that is meaningless even for fy19.
so if fy19 revenue midpoint estimates are 515m and there is a strong pipeline of capex flowing theough to sales growth in fy 20 and fy 21, i think a reasonable revenue estimate for fy20 at 35% growth (less than the 45% forecast for fy19) is 700m and then 25% growth for fy21 is 910m.
im not sure what their ebitda margins and npat will look like then but i suspect they will be looking at around 100mill npat which puts their p/e down around 15 (i havnt check the market cap recently but im guessing its around 1.5b). that would be with a solid ongoing growth runway due to structural and industry tailwinds etc.
so im happy sitting long with my entry sub $4 and i doubt it will be dipping below $5 ever again so i cant understand the rationale for a short. the p/e looks expensive but the growth runway is clear and execution risk looks minimal.
oh well each to their own i guess.
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Last
12.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $33.25M |
Open | High | Low | Value | Volume |
12.0¢ | 12.0¢ | 12.0¢ | $1.45K | 12.08K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4941 | 12.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.5¢ | 80000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4941 | 0.120 |
6 | 257024 | 0.115 |
9 | 215590 | 0.110 |
7 | 273733 | 0.105 |
8 | 198703 | 0.100 |
Price($) | Vol. | No. |
---|---|---|
0.125 | 80000 | 1 |
0.130 | 15000 | 1 |
0.135 | 57168 | 4 |
0.140 | 140521 | 5 |
0.145 | 40087 | 3 |
Last trade - 15.31pm 12/07/2024 (20 minute delay) ? |
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