LGI 0.00% $3.05 lgi limited

Just creating a Thread for LGI. Its a future ESG leader in...

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    Just creating a Thread for LGI. Its a future ESG leader in Australia. A company im quite interested in however one i havent invested in just yet, waiting for funds plus i kinda thinks its gone a bit overvalued already.

    Was waiting for this Half yearly to confirm financial performance after the IPO/Prospectus.
    Pro-Forma NPAT of $3.5mil was nice, leading to a estimated $7mil NPAT at year end, making a PE Ratio of 29x. Which for a Utility/Infrastructure company is a bit high IMO, so will wait for it to unwind a bit to buy in.Very surprised they paid a Dividend.

    All IMO, DYOR

    Happy to hear any opinions or thoughts on the company.
 
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