Yes, there are a number of indicators which show a very profitable bus. trading as very low multiples.
In my view the standout is NTA which is running as $0.25. i.e net tangle assets per share. At an sp of $0.105 you are buying the business for free. What really elevates this number is the cash component. Abt $25M which translates to $0.05ps. Given that a 1c div could easily b paid end-CY16 @$0.105 sp that translates to 10% yield, hence, we should see sp appreciation to 20c min to bring yield down to ~5%.
CAA Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)