EZL 0.61% 81.5¢ euroz hartleys group limited

Ann: Trading Update and Interim Dividend, page-15

  1. 3,540 Posts.
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    EZL doesn't have an income problem.
    Perception has a cycle problem.

    Trading volumes and IPOs have all struggled significantly in the last year. I've heard some declines are > 30%.

    Track NPAT over the years. It's ranged from 0 (even negative if you include asset price change impacts) to more than $40m.
    For a company trading at $140m MC and over $70m in net cash/investments (so EV of $70m), it's under 2x peak profits.

    Just wait out the cycle.
 
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