VN8
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10.5% 1.7¢ vonex limited..

Not much to say. Everything tracking nicely.If we exclude MNF...

  1. toby9562
    276 Posts.
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    24/02/22
    07:39
    Post #: 59776727
    Not much to say. Everything tracking nicely.

    If we exclude MNF acquisition cost from last quarter we are looking at $953,000 profit. Times that by 4 and we get 3.8m net profit per year.

    using a PE of 15 we get a share price of 11-12 cents.

    If management grow profits each quarter then next financial year should be good for shareholders.



    VN8 Price at posting: 10.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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