TPI claim a $30m reduction in cost base by June 2017, which has lead to a small increase in share price target by UBS (83c) and a "buy" rating. UBS also state that TPI is trading at a discount to international peers across all metrics (34% discount on EV/EBITDA, 12% on EV/EBIT and 8% on P/E.FY16). Could be takeover target, which may see SP increase 25% to 30%!
- Forums
- ASX - By Stock
- TP=$0.78 within few weeks?
TPI claim a $30m reduction in cost base by June 2017, which has...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)