Essa, I like BSE but with Kwale nearing the end of its life and Toliara with significant hurdles to overcome AND both African based...the risk factor is much higher than IMA. I'm told there is significant community dissatisfaction with Toliara going ahead. Is this still the case? I hear you about covering the CAPEX, but it is still a significant sum to raise and first pay dirt is what, 2025?
My preference is IMA because it is a simple 'bread and butter' operation, located in Oz, with a predictable, consistent flow of revenue into the immediate future (now made more permanent by the recent acquisitions). That said, a very anal analyst might give the nod to BSE on the valuation figures alone
P/B IMA 2.16 and BSE @ 0.83
EV/EBITDA IMA 2.92 and BSE 2.11
What I like abut IMA are its quality - ROE 26% v BSE @ 3.2% and its margin IMA 22.85% v BSE @ 17.72% and most importantly,
Price/FCF which has IMA @ 3.4 and BSE 6.6
Both of them look much better than ILU.
- Forums
- ASX - By Stock
- zircon price market research
Essa, I like BSE but with Kwale nearing the end of its life and...
-
-
- There are more pages in this discussion • 30 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 IMA (ASX) to my watchlist
(20min delay)
|
|||||
Last
7.4¢ |
Change
0.001(1.37%) |
Mkt cap ! $83.10M |
Open | High | Low | Value | Volume |
7.4¢ | 7.4¢ | 7.3¢ | $8.577K | 117.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 156173 | 7.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.8¢ | 49297 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 156173 | 0.073 |
3 | 67000 | 0.072 |
2 | 155000 | 0.071 |
4 | 184220 | 0.070 |
1 | 10000 | 0.069 |
Price($) | Vol. | No. |
---|---|---|
0.078 | 49297 | 1 |
0.079 | 55889 | 2 |
0.080 | 92129 | 2 |
0.081 | 4240 | 1 |
0.084 | 37500 | 1 |
Last trade - 11.17am 12/07/2024 (20 minute delay) ? |
Featured News
SKS
SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne
FWD
Queensland's housing crisis an opportunity for ASX builder Fleetwood – and taxpayer cash a safe harbour from the storm
IMA (ASX) Chart |