SSG 6.50% $1.15 shaver shop group limited

So $13m acquisition cost, decent price if can get $1.5-1.6m...

  1. 67 Posts.
    lightbulb Created with Sketch. 5
    So $13m acquisition cost, decent price if can get $1.5-1.6m NPAT.

    It appears ATO tax benefit $0.7-0.8m in the first year, $3.5-4.0m total over five years (given straight line basis). is that correct?

    So cash acquisition price becomes $9-10m for $1.5-1.6m earnings = 16%+ ROIC.

    Not a bad way to allocate cash!

    Bullish on this stock, management doing all the right things.







 
watchlist Created with Sketch. Add SSG (ASX) to my watchlist
(20min delay)
Last
$1.15
Change
-0.080(6.50%)
Mkt cap ! $150.6M
Open High Low Value Volume
$1.15 $1.15 $1.14 $897.6K 781.9K

Buyers (Bids)

No. Vol. Price($)
8 45505 $1.15
 

Sellers (Offers)

Price($) Vol. No.
$1.15 42784 3
View Market Depth
Last trade - 16.10pm 04/09/2024 (20 minute delay) ?
SSG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.