PEA pepper residential securities trust no. 30

Yet another nice EBITDA upgrade, probably now where it always...

  1. 447 Posts.
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    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%!
 
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