1.1 Billion per year in sales with 37% Margin = about 400 million per year in profit on sales at the till.
Thats around about $4 billion profit at the till expected over the next 10 years, (400m x 10yrs = $4B)
Current Market Cap 550 million around abouts, with sales profit expected over the next 10 years of $4 Billion profit at the till. (1.1B sales x 37% margin)
What stock is it, Whats the Code ? The one that has a 550m market cap and $4 Billion profit at the till expeted over the next 10 years.
Some tweaks to how the Company is ran is underway. Possibly some rent cost reductions being that its their main expense.
All I can say is that MYR has a greater Chance of rising $1 compared to falling $1 thats for sure.
MYR Price at posting:
65.0¢ Sentiment: Buy Disclosure: Held
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