ZEN 0.00% 91.0¢ zenith energy limited

Livewire article on ZEN, page-43

  1. 13,166 Posts.
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    This is being hideously neglected by the market now.

    Even if you take an NPAT of 87m for last FY and assume very low growth using a PE of 10 (which is insulting with the kinda of EPS growth this thing has seen over time) then that gives you $1 to $1.1 a share.

    Now factor in the most recent NTA per share is around 44c and realistically this should be 1.5+

    You are basically buying this business at only 2x book, which for a growth service company is insanely good buying. I bought a few more yesterday on that fundamental risk to reward asymmetry
    Last edited by avagadro: 13/09/18
 
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Currently unlisted public company.

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