…and F22 profit going backwards big time
Ebitda $186m in F21 and expect only $115m in F22 ….that’s terrible
Wtf is going on
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…and F22 profit going backwards big time
Ebitda $186m in F21 and expect only $115m in F22 ….that’s terrible
Wtf is going on
Hey MT you can soon tell your wife that your SKT shares are now worth over $1 each!
;)
this was all explained in detail at investor day. Surge in content costs in 22 (sports rights), and the bulk of the future ongoing operating expense decreases don’t arrive until December when the new reduced satellite lease deal kicks in.
Not that I’m defending it, but this was expected.
in regards to full year guidance of “NPAT of $17.5m to $27.5m” - not fantastic, but not terrible given the 2022 profile. At the high end the earnings multiple sits around 10x, but once you take out the net cash (post property sale), it’s closer to 7x earning multiple. Should provide plenty of room for a large ongoing dividend yield once it starts in 6-12 months.
Wow missusTea will think I am a genius when i tell her our shares have rocketed to $1.60 each!
I might just neglect to tell her our holding has decreased from 2.7M to 270K...
This Board are brilliant! Poof! No longer a penny stock! Just like magic!
Well at least no one had a theory of consolidation on this forum. I think?