Originally Posted by
Mudfish
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Figures - 3 Options
Option 1
Sales are excellent and margins remain good. A very conservative increase of 10% moves profit up to 16.984m. At a SP of $7.16 that gives a PE of 12.5. That's an absolute bargain with a fantastic divi too.
Option 2
Sales are excellent but margins are gobbled up by extra freight costs. If profit is the same as last years (15.44m 2020), SP of $7.16 gives a PE of 13.8. And likely a good divi.
Option 3
Profit downgrade due to excessive freight costs. Guess 14m (plucked out of the sky just needed a negative). SP of $7.16 gives a PE of 15.3. And still likely a good divi.
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