AZG 0.00% 3.6¢ allmine group limited

AZG: G'Day Jack good to see you on here. the NPAT forecast of...

  1. 384 Posts.
    AZG: G'Day Jack good to see you on here. the NPAT forecast of $16.5M divided by approx 280M shares fully diluted should give us earnings per share of 5.9 cents meaning well over 100% growth with a forward PE of approx 3 but with the very accretive aquisition of CIA at 0.6x NPAT the eps should get up to 7 cents per share whihc is even better. If this is pulled off with healthy cashflow coming through and a strengthening balance sheet this company could really be a big winner, I hope and am it expecting it too but I don't like taking to much of a risk with the cashflow being low at the moment could you please go into detail about how the "Cash flow is presently snug but manageable and is a problem solved by growing debtor book" because I'm concerned if europ melts down hard commodities will take a dive and credit will freeze up again just like after Lehmen collapse that destroyed 90% of OZ minerals who were forced to sell 7 world class mines to the Chinese at firesale prices because they could get a line of credit, this is a real risk that definately need reducing. I would never bet against AZG but cashflow is very important along with low debt and a self funding style (high ROE) business that doesn't need debt ie has too much cashflow to know what to do with it. All the best and I am a holder.
 
watchlist Created with Sketch. Add AZG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.