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14/05/19
21:53
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Originally posted by anticyclical
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I wouldn't be so optimistic this could drop back to $1.5 and if sales this year to a EBITDA of say $50-60M drop the next stop could be sub $1
The housing market has really slowed.....
The company is worth no more than 6-7 times earnings
Does anyone have sales forecast information ?
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Sorry, can't help you there. Like you said last time you were here, I don't understand the business
https://hotcopper.com.au/posts/37478087/single
Maybe no one here that bought under 1.30 does.
I am surprised you are looking at BIN again, given you thought it was a big investment mistake @ 1.17, and apparently you were trying to save people from losing money
https://hotcopper.com.au/posts/37477654/single
Good luck to you in your travels.
No need to reply.