VTG
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0.00% 8.1¢ vita group limited

Ann: VTG H1FY20 Results Announcement, page-3

  1. truss20
    857 Posts.
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    21/02/20
    09:24
    Post #: 43063185
    My first glance is that this is a strong result. Even after accounting for the $5.7M benefit from working capital, they generated $21.5M from their operating business in only 6 months - or $43M annualised. So they're trading on a Price/Cashflow ratio of ~5. In a world where interest rates are nearly 0%. This screams a buy for me.
    Last edited by truss20: 21/02/20
    VTG Price at posting: $1.28 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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