LGD 1.75% 29.0¢ legend corporation limited

Total revenues may be up, but if you deduct the SCE acquisition,...

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  1. 134 Posts.
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    Total revenues may be up, but if you deduct the SCE acquisition, they are down 5% over last year. $60.1M less $14.3M = $45.8 compared to $48.3 so core business is going backwards. NPAT, even with SCE, is the lowest half in recent years.
    Let's hope that the synergies and cost savings of integration will be more than the integration costs.
    PE is roughly 8 which seems fair.
    SP down 1c today but would have to fall further before I'd buy.
 
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