So, here we are few days before the HY report, SP has shed off few more cents of late, and I have been adding more shares to my already large Holdings of RXP in my portfolio.
Regardless of a possible bias and blind compulsion on my behalf, this is what i see, when i dare to spread the Numbers given in the last update by the company. I will use the lower estimate.
THE NUMBERS : REVENUE for FY = 162 MIL 44/56 Earning SPLIT. EBITDA margins 14.6%
162 x 0.44 x 14.6% = Ebitda of 10.4 mil for 1HY
Next calculation of EPS , assuming NPAT is 60% of Ebitda (from previous years), and we have 160 mil shares on the registry.
Ebitda of 10.4 X 0 .60 : 160 = EPS of 3.9c for 1HY and Maybe a DIV of 2.0c in March
I have looked through EMPIRE ( EPD) HY Report this morning, saw the SP going up on the results and decided to BUY more shares in RXP.
RXP Price at posting:
63.0¢ Sentiment: Buy Disclosure: Held