We don't need to guess the split between stay in business and growth capex as the company provides it (growth = $84m, see below). And I agree it isn't a cash machine but it is better than a 5x earnings machine. Company is guiding to 90% cash conversion for the full year and $100m of free cash flow (after all capex) so if they deliver on this that is a decent outcome in my view. It's not REA or PME but it doesn't have to be when trading on 5x earnings.
Ann: HY24 Results Presentation, page-20
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PRN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.04 |
Change
-0.015(1.42%) |
Mkt cap ! $981.1M | |||
| Open | High | Low | Value | Volume |
| $1.05 | $1.05 | $1.03 | $1.330M | 1.284M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9075 | $1.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.04 | 27362 | 2 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| PRN (ASX) Chart |