Yet another nice EBITDA upgrade, probably now where it always should have been if not for the overly conservative forecast at the 2018 AGM (as predicted by @SimonGr in Post #: 35215160)
Would anyone care to speculate on the final 2019 results? Here's my guestamate:
forecast 2019 EBITDA; $65m
forecast 2019 D&A; $23m
forecast 2019 finance costs; $3.7m
forecast 2019 EBIT; $38.3m
forecast tax @ 30%; $38.3m x 30% = $11.49m
forecast 2019 NPAT; $26.81m
forecast 2019 EPS; $26.81m / 428.9m (?) shares = 6.25 cps
forecast P/E (@ $.69 p/s); $.69c/ $0.625c = 11x
IMHO still far too cheap for a company of this quality growing it's EBITDA at 47%!
Yet another nice EBITDA upgrade, probably now where it always...
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