Good pick up.
After the sale (assuming STS move to rental) they should have close to $30M cash and no debt.
EV of $15M
They made EBITDA of $6M for the first half 2015.
14-15- they generated $14.3M cash (after paying tax, dividend and over $2M on plant and equip). With that cash they paid off their $8M debt.
First half 15- They made EBITDA $6M and settled old claim for $9.75M.
For 16-17 it would be achievable for this co to have a $15M EV and earn $12M EBITDA.
- Forums
- ASX - By Stock
- STS
- South Melb Property
South Melb Property, page-2
-
- There are more pages in this discussion • 7 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 STS (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
TON
TRITON MINERALS LTD
Adrian Costello, Executive Director
Adrian Costello
Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online