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1.75%

29.0¢ legend corporation limited

News: LGD Legend Corp FY Profit Up 60 Pct, page-19

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long_haul

301 Posts.

23

11/09/18

16:40

Post #: 35527559
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Originally posted by Just_a_guy ↑

Still reasonably cheap imo. Ebitda FY18 was 12.4mil so a 60% increase equates to 20mil (include the new acquisition and proforma ebitda could be 20.5mil). Clearly it’s presumptuous to extrapolate out for the full year based on two months. Ev after today’s jump will be about 90 mil assuming net debt of 15mil at the end of the year (with cash flows matching ebitda fairly well, it could be even lower). So ev/ebitda still well under 5 and this is as cheap as it was at 23cents. Albeit we’ve now got less unused capacity presumably.

Ps c’mon support the local south Aussies! Looking forward to meeting brad at the agm. He’s got the best ceo’s Photo I’ve seen since 1984.

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"He’s got the best ceo’s Photo I’ve seen since 1984."

To save others the trouble.

LGD Price at posting: 34.5¢ Sentiment: Buy Disclosure: Held
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