another important thing to note about this stock. Quality companies always underpromise and over deliver. For Altium to set a 500m USD turnover 6 years out means they are confident in smashing that figure. Also to set a 6 year goal is ballsy but they must see a brilliant future. We also know that npat will increase at a much faster rate than revenue as scale increases. I have done some preliminary numbers and I think npat will be around 225m usd in 2025. As rates remain near zero I think a pe around 35 would be in order for a quality growth company. Market cap in AUD at exchange rate of 70c would imply a market cap near 12b. Approx 100 AUD per share. Enjoy the ride
the market is always a risk reward scenario. This is a strong risk reward proposition for the next 5 years
- Forums
- ASX - By Stock
- ALU
- Some buyers in the house
Some buyers in the house, page-19
Featured News
Add ALU (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
SPONSORED BY The Market Online