Total assets increased by 160 mill to 1 billion, 360 units and care suites under construction, what's not to like here.
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Total assets increased by 160 mill to 1 billion, 360 units and care suites under construction, what's not to like here.
At least morphing into a development company ....that’s good for the share price over time
Making less money from looking after (caring for) people by the looks of it ....that’s not so good for the share price
No profit upgrade ....maybe still to come
Fingers crossed share price will surge ahead today and tomorrow
Last year financing costs were 20m vs 2-3m likely this year so growth seen in earnings is not reflective of underlying operations growth.
Good result, in line with expectations.
TTM PE = 27x
FY18 PE = 14-17?
Anyone have any numbers on how 2H is supposed to go this year?
Pro forma underlying EBITDA only increased 8.6% to $25.3m from $23.3m. Pro forma underlying NPAT only increased 10.55% to $19.9m from $18.0m. Were we not expecting 40% increases in 2018?
Oceania will need a massive second half of year to meet the forecast Pro forma underlying EBITDA OF $62.2m and Pro forma underlying NPAT of $51.4m.
I'm not impressed by the result and it would seem the market is not overly impressed either. Plenty of shares traded hands at $1.05 this morning. I can see this falling to under $1 once again.