“Very undervalued”
How are you guys valuing this?
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“Very undervalued”
How are you guys valuing this?
Now you’re on to it…….. and there are ‘conservative’ stories and there are fairy tales
Suppose one picks the one that they are comfortable with
Sort of says that the ‘discounted value if the cash that can taken out over the life’ is rather an in exact science and just a guess.
So we have ruled out discounting the cash flows as it’s impossible to guess these for the next 10 years.
I like the revenue multiple compared to its peers approach
But that’s guessing or coming up with a ‘value’ eh Rawz …nothing to do future cash flows or anything like
But let’s play a game
Story as it is what we know today ………hoping they might actually generate +ve cash flow one day ……value / share price is 40 cents (2 times sales)
Story about them actually having something customers really want and Task start performing ……value/share price say $1 …4 times sales (assuming they are more than now)
The fairy tale …….all the zillions of transactions through the likes of Maccas actually deliver real cash ……value/share orice $2 …6 times sales (with even more sales growth
But there will be one or two who might see the wonderment of all they day and they conquer the world ……say $3 based on profit multiples
What you reckon
How’s that …not a guess but maybe an inexact science
Hey rawz …Tsk trading at just over 1 times book value ……maybe a bit higher if you allow for the cash
The market essentially saying that their future profits will just cover their cost of capital …let’s be generous that’s only 10% ……meaning market saying npat should be about 13m now and growing from there …but years away from achieving that so big expectations built in.
But that’s an old fashioned approach to looking at value eh …prefer these cheat ways like sales multiples ..or the value of the story
Nice to see some nice volume go thru today + positive share price movement. Looking forward to 3rd quarter update at some stage this month
Not much volume going through these days and share price continues to languish around 40 ……looks like current volumes quite a lot less when dual listed
Seems Task maybe is fading into obscurity ……Aussies say Task, who are they …..maybe only Bell Potter clients have heard of them
3rd quarter update https://cdn-api.markitdigital.com/ap...6469-2A1501621
plenty of cash on hand but they did burn through a fair bit:
The Group had cash of $26.9 million at 31 December 2023 (down from $31.1 million at 30 September 2023) and no financial debt.
[QUOTE=sunnysleeper11;1038755]plenty of cash on hand but they did burn through a fair bit:
The Group had cash of $26.9 million at 31 December 2023 (down from $31.1 million at 30 September 2023) and no financial debt.
To support growth you need to spend. Rather they do it with good cash management. From my side they are doing that. $26.9 in bank isn't a bad position to be in.
They did also mention receipts from Plexure divison were low in quarter so expect that to bounce back last quarter of 24 financial year.