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96.5¢ perenti limited

You don't have have to convince me.. tell it to the numpties...

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Gunslinger27

5,742 Posts.

183

08/09/22

11:25

Post #: 63585385
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Originally posted by LongTony: ↑

Trading at 1x underlying EBITDA, or 3x underlying EBIT, or 5x underlying NPAT; with growth capital spent; margin growth already locked in; a clear strategy of getting cash to shareholders in the most tax effective manner possible given the structure of the business, I'd say the down side is pretty limited and IMHO we should be heading back toward more typical multiples which will deliver the chance of multiple bags on this one.

At a market cap of $500M it isn't massive so it can't be a massive short target. Double the EBIT double the multiple gives 4 bags. Long not Short.

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You don't have have to convince me.. tell it to the numpties that were dumping it sub 60c

PRN Price at posting: 82.3¢ Sentiment: None Disclosure: Not Held
2 Upvote

0 Great analysis

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(20min delay)
Last 96.5¢		Change 0.000(0.00%)		Mkt cap ! $920.3M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	171	$1.06

Sellers (Offers)

Price($)	Vol.	No.
96.0¢	2200	1

View Market Depth

No.	Vol.	Price($)
1	20942	0.955
3	106632	0.950
2	77910	0.945
3	134833	0.940
1	17000	0.935

Price($)	Vol.	No.
0.965	13582	2
0.970	80279	7
0.980	66854	6
0.985	26753	3
0.990	51237	5

Last trade - 09.45am 13/05/2024 (20 minute delay)

PRN (ASX) Chart

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