PabloB, this is a very good analysis.
Earnings from acquisitions look like they have made less for shareholders than the interest costs on the debt to fund - so much for the Buffett approach.
High debt levels of real concern, as is the fall in NPAT attributable to shareholders after minorities. Lots of "fluff" in the investor presentation but when you strip it all back to the real underlying financials the reported business performance is not matching the CEO rhetoric. The valuation multiple is at nose bleed levels and this is for an accounting roll-up not a tech player. Note the comments in investor deck around taking private and strategic review - why would a PE player pay this multiple on earnings? The comments on taking to the US and listing there are delusional.
- Forums
- ASX - By Stock
- Ann: KPG FY23 Full Year Results Commentary
PabloB, this is a very good analysis.Earnings from acquisitions...
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add KPG (ASX) to my watchlist
|
|||||
Last
$8.25 |
Change
0.200(2.48%) |
Mkt cap ! $355.1M |
Open | High | Low | Value | Volume |
$8.01 | $8.25 | $7.84 | $249.4K | 31.12K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 281 | $8.16 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.25 | 13 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 1311 | 8.070 |
1 | 190 | 8.060 |
1 | 190 | 8.050 |
2 | 690 | 7.980 |
2 | 275 | 7.900 |
Price($) | Vol. | No. |
---|---|---|
8.160 | 102 | 1 |
8.240 | 90 | 1 |
8.250 | 70 | 1 |
8.270 | 25 | 1 |
8.300 | 500 | 1 |
Last trade - 12.18pm 22/08/2024 (20 minute delay) ? |
Featured News
KPG (ASX) Chart |