NOD nomad building solutions limited
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something is afoot at nod?, page-2

  1. ryrie12
    430 Posts.
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    10/02/12
    09:16
    Post #: 9673321
    Share price is undervalued. Company has flagged a return to profitability and current mcap reflects value of McGrath only. Balance sheet is net cash so enterprise value is $20m for a company which can turn over $10m EBITDA. Everything else- rental assets, Rapley, Halley- is free. Management also likely to outline growth options with South Hedland Build-Own-Operate project soon. Will be surprised if share price isn't 15c within a couple of months.
    NOD Price at posting: 10.5¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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