Mel keep it simple - as stated in h2 though right sizing...

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elit

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30/08/16

20:31

Post #: 18804567
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Originally posted by Melrosian ↑

Denbo

Because huge chunk of WIP with actual value but no value in Balance sheet, will turn into fees in 16/17.

Because it has a $1b + turnover expectation - and my expectation is PBT in the teens on an ongoing basis. That means 9 figure profits (PBT) and you can easily bet there will be little T.

Because , as Wilson Research pointed out, it can reduce new case intake and churn out cash ......and the reason it isnt valued at 10 X profits (easily calculated and predicted on an ongoing basis), is because it has too much debt. There is a very good chance that Debt will be reduced below $500 m by this time next year. Then anyone can see it is an affordable debt level ( with 9 fig profits) and likely to progressively reduce. Certainly the market will see it. As I have been pointing out for 6 months, turning the NIHL portfolio into fee income was always most likely to be in 16/17.

Because if you lose faith now you would probably lose out as we are probably close to the bottom of the U curve.

I am certainly loaded up and staying for a year or 2. I think it will look radically different in a year.

I would certainly like clarity on NIHL.

Mel

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Mel keep it simple - as stated in h2 though right sizing initiatives which don't conclude till Q1 17 more revenue per employee being generated.

No more hints

SGH Price at posting: 47.5¢ Sentiment: None Disclosure: Held
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Mel keep it simple - as stated in h2 though right sizing...

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