I can understand the bear case - but they are just so vanilla.
Yeah EBITDA is going to be down but so is CAPEX as synergies kick in with Figure 8 and restructure costs halt this year so expecting ~57M NPAT which is a 40% increase to FY19. Not to mention EPS is a 30% jump from FY19. FY 21e EPS as it stands without any nasty suprises is 76c so from FY19 EPS at 35c that's over 100% jump in earnings currently at 34 p/e on FY21e.
It will go lower but not by much more as its growth profile is too good.
I can understand the bear case - but they are just so vanilla....
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Last
$1.09 |
Change
0.005(0.46%) |
Mkt cap ! $244.1M | |||
| Open | High | Low | Value | Volume |
| $1.04 | $1.11 | $1.03 | $3.636M | 3.367M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 71627 | $1.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.09 | 95424 | 6 |
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| Last trade - 11.53am 09/09/2024 (20 minute delay) ? |
| APX (ASX) Chart |