It's Actually trading not far off that 2 pe when you account for the cash. About $3.6m in cash. Assuming accounts receivable and payable just form part of the business. That puts current market cap just over $5m after cash is retained. Also, I think someone selling a business for 1-2 pe is going to be where you are buying a job that returns 100k per year or whatever, not a business bringing in $2m in underlying profit...not to mention how much the CEO is able to pay himself as a salary. That kind of pricing is for businesses where you don't draw a seperate salary, but you are the business. Much smaller businesses will fetch 4-5x pe in my opinion. Industry plays a role of course.
- Forums
- ASX - By Stock
- Ann: Preliminary Final Report
It's Actually trading not far off that 2 pe when you account for...
-
- There are more pages in this discussion • 10 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 CI1 (ASX) to my watchlist
|
|||||
Last
11.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.685M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
CI1 (ASX) Chart |
Day chart unavailable
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online