ASH 4.55% 26.3¢ ashley services group limited

ASH - Its time for the reversal!, page-5

  1. 4,435 Posts.
    lightbulb Created with Sketch. 40
    I wanted to Quote Warnie as he obviously knows what hes taking about.

    http://hotcopper.co.nz/threads/ann-...tegic-review.2609002/page-76?post_id=16129258

    NPAT before amortisation of $13m
    Net cash $12m
    $23m bank funding (not drawn down)
    = $11.7m NPAT (after 10% guidance drop)

    Market cap is barely cash + unused funding + 1 x net profit.

    Seriously undervalued on every metric available.

    Then there are the divvys at 6.2c.......19% Yield anyone?


    *Market Cap is 47 Million at the Moment at 31.5c and yield if they don't scale back 20% at this price.
 
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26.3¢
Change
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Mkt cap ! $37.79M
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26.3¢ 26.3¢ 26.3¢ $9.307K 35.45K

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No. Vol. Price($)
1 34032 25.5¢
 

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Price($) Vol. No.
27.5¢ 36539 2
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