NGI 0.29% $1.70 navigator global investments limited

overvalued

  1. 1 Posts.
    You cant look at FY09 profit guidance for this company. You need to look at FY10. Most reputable brokers have this stock earning EBITDA of $25m. This is based on a year end Funds under management of around $6Bn. When you add the big wad of debt the stock is trading on around 15x EV/EBITDA on FY10. It is a SELL....
 
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