Even though an upgrade was expected this result is amazing.
The net cash position of this company will now be close to $22M. Based on this the EV of the co at 29.5c would be $132M.
The June 1/4 made an Ebitda of approx 17M (+ a $2.6M upgrade due to fx rate) up from $12.5M in the March 1/4.
If 18-19 runs at the same profitability as the last quarter then our Ebitda will be $68M which is more than 50% on the EV.
Of course the coal price could fall, but at the same time by Dec 18 our group sales rate should be above 7MTPA vs 17-18's 4.7MT.
Looking good.
- Forums
- ASX - By Stock
- UNV
- News: UNV Universal Coal Group Says Group EBITDA Expected For Fy2018 Is A$70 Mln
News: UNV Universal Coal Group Says Group EBITDA Expected For Fy2018 Is A$70 Mln, page-6
-
- There are more pages in this discussion • 36 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add UNV (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO
Anthony Noble
CEO
SPONSORED BY The Market Online