I'm calling 2018 a big year for EML. Consensus estimates are too low in my opinion for 2019 and 2020. I believe these will be upgraded by analysts over the coming year as EML announces the following: - further European gaming contracts (at least another 4) - further B2B North American contracts (at least another 6) - Non reloadable European mall contracts (2 massive ones are expected) - Caesars contract going live (scutlebutt confirms roll out in progress....) - I expect another reloadable contract in the US similar to LuLaRoe 2018 consensus of $24M EBITDA seems ballpark. Where analysts are wrong is on 2019/2020. I expect 2019 EBITDA of at least $36M and 2020 EBITDA of at least $45M. By then cash balance will balloon to $100M. The biggest upside risk to this story this year and next is acquisitions...... Tom and the team are working hard to deliver us another "gold nugget" just like Store Financial deal was..... watch this space! My estimate post an acquisition by 2020 is for EBITDA at $55-$60M and the stock should trade on 20-25x therefore the stock could be worth $6 by 2020 or only 2 years away! Good luck to all holders. Cheers.
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2018: the year of the EML
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Last
$1.01 |
Change
0.025(2.54%) |
Mkt cap ! $252.1M |
Open | High | Low | Value | Volume |
98.5¢ | $1.03 | 98.5¢ | $4.678M | 4.654M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 500 | $1.01 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.02 | 4414 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 20101 | 0.705 |
5 | 116332 | 0.700 |
2 | 32784 | 0.695 |
4 | 32862 | 0.690 |
4 | 160449 | 0.685 |
Price($) | Vol. | No. |
---|---|---|
0.715 | 18450 | 2 |
0.720 | 71784 | 3 |
0.725 | 21530 | 3 |
0.730 | 19444 | 4 |
0.735 | 304 | 2 |
Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
EML (ASX) Chart |