KLS 1.70% $4.05 kelsian group limited

Ann: KLS FY24 Indicative Results and Update, page-20

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  1. 5,438 Posts.
    lightbulb Created with Sketch. 544
    seem like a fair bit if you look at the update total interest expense in FY25, is expected to be approximately $59.0 million

    came to my attention with AFR this morning, have a quick look and I give it a hard pass
    crazy heavy capex business with very low return and the amount of money they going to ditch out in FY25
    I am not sure if they can get a decent return on capital.

    no wonder the market spooked, if they get more cost blow out and less local and international traveller in FY25 the market could still deal
    it with a sledge hammer even after 20% decline today


 
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