Worth a listen...
https://soundcloud.com/nbr-radio/chi...public-company
"a lot of growth already locked in with contracts won"
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Worth a listen...
https://soundcloud.com/nbr-radio/chi...public-company
"a lot of growth already locked in with contracts won"
Pre-IPO valuation... Source NBR
Source Low (EV/EBITDA) High (EV/EBITDA) Average Deutsche Bank Craigs 8.9 9.8 9.35 First NZ 9.3 9.6 9.45 Goldman Sachs 8.9 10.8 9.85 Average 9.55
To reach average valuation, share price would need to reach $1.92
Tegel has been touted as the replacement for Coats on the NZX50. Can anybody confirm?
Coats delisting on 24 June
EV EBIT EV/EBIT pe Div Yield (gross) RBD 602 45.1 13.35 18.6 5.94% TGH 693 80.4 8.62 13.7 6.78%
Nice one noodles!
some research here on the supplier vs supermarket relationship
http://www.consumersinternational.or...0suppliers.pdf
Attachment 8035
RBD has proven its ability to grow sales, Tegel has not yet had a reliable track record of providing good growth, the PE reflects this scepticism
It would be interesting to compare the balance sheet strength of each.
Disclosure: Hold neither