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17.5¢ sierra rutile holdings limited

Hi ddzx I expect NPBT to be below $70m in FY17 as D&A was $6.6m...

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retiredyoung

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09/12/16

11:17

Post #: 21223361
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Originally posted by ddzx ↑

wow... i don't understand this sell off... it fell to $12 or over 50% ... its back to $17, so i missed out

it has moved from $14 to $17 in the time i wrote this post and did my analysis

last year, total product revenue was $232.5 million, up 32.0 per cent on the prior period. Earnings before interest, tax, depreciation and amortisation (EBITDA) was $74.3 million, up 39.6 per cent, profit before tax was up 32.7 per cent to $70.0 million and net profit after tax was $53.6 million

this year, EBITDA is forecast to be in the range $65-74 million, at worst, NPAT (on 30% tax; last year was 23.5% tax) will be $42M or 72 cents EPS

at best EPS will be the same as last year, i.e., 92 cents (if using 23.5% tax rate)

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Hi ddzx

I expect NPBT to be below $70m in FY17 as D&A was $6.6m last year and I expect it will increase this year but your estimates seem good enough. In my opinion, now that the companies growth has slowed significantly it should trade on a lower PE than in the past. I would not buy on a PE greater than 15 at the moment. Good trial results would change my opinion.

SRX Price at posting: $15.14 Sentiment: None Disclosure: Held
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0 Great analysis

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(20min delay)
Last 17.5¢		Change -0.003(1.41%)		Mkt cap ! $75.62M

Open	High	Low	Value	Volume
17.5¢	17.8¢	17.5¢	$4.968K	28.32K

Buyers (Bids)

No.	Vol.	Price($)
8	5792335	17.5¢

Sellers (Offers)

Price($)	Vol.	No.
18.0¢	265720	27

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