Knocked up some quick estimates for 1HFY16
rev: 723m
Op income: 54m (fairly conservative)
Net inc: 38.6m (assumes significant redundancy cost)
eps 40.6c
div (interim in Feb) 35c ffr
These are estimates for 1st half only. So based on today's close of $5.63 equates to:
PE ratio: 7.03
gross div yield: 17.6%!!!
That's assuming 2H duplicates 1H which is unlikely. We'll need interim update to get forecast re full yr FY16.
But lets assume 2H div is 20% less than 1h payout. 35+28= 63c ffr. (in FY15 div was 109c)
63cffr with SP at $5.63 = 15.9% gross yield!!
Thinks 72c div impossible? FY15 div was 109c. Hence, i've assumed a drop of 34%. 1H net income could well be 10% better than i predict i.e. 44-45c eps. If so IH div will come in at around 39.5c ffr. That will stun Mr Mkt with gross yield not far off 20%!!
Remember MND is debt free with substantial cash reserves.
Any other punts out there?
-
- There are more pages in this discussion • 83 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$21.41 |
Change
0.150(0.71%) |
Mkt cap ! $2.124B | |||
| Open | High | Low | Value | Volume |
| $21.18 | $21.43 | $21.18 | $892.0K | 41.82K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 126 | $21.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.42 | 251 | 6 |
View Market Depth
| Last trade - 11.51am 11/09/2025 (20 minute delay) ? |
| MND (ASX) Chart |