BBN 2.00% $1.79 baby bunting group limited

Gradual profit taking, page-43

  1. 13,386 Posts.
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    I cant see 20% growth , online Baby stores are a plenty and growing in numbers . I have seen plenty of physical stores come and go. The business listed at an Enterprise value to pro forma forecast FY2016 EBITDA multiple(c) 10.5x , currently its close to 20X and we are still yet to get the FY2016 EBITDA for another 6 months. Still expect TDM Asset Management to be a seller in six months time when FY2016 comes out..
    Last edited by malmanu: 09/01/16
 
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