ONT 0.26% $7.68 1300 smiles limited

Ann: Media release, page-22

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  1. 52 Posts.
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    Madamanswer,
    I think you are finding it easier to try and project me as a financial simpleton than to address the very real concerns I am raising. There is a difference between merely converting the capital investment into profit and investing the capital securely for a return. With the former the invested capital is not preserved it was taken as profits. Its smoke and mirrors accounting which gets by because the value of the goodwill is so open to debate as long as somehow the management can find a way to report a profit.
    Yes the figures have returned to pre-CDDS but the company has invested so far at least $10M in a single practice to do this.
    To answer your question regarding goodwill practice value is worth approx. 4x theEBIT based on work actually done in the year!
    I am not a sophisticated share investor which obviously you (and few others on this thread) consider yourself to be. I do however have some common sense and a basic understanding of Dental Practice. If you are interested in investigating what I am raising then lets here an intelligent response. Don't just hide behind acronyms and condescending language. "Pray tell"

    sincerely
 
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