I recall there is going to be a rough increase of 15% of shares issue through bonuses to the MD Simon Loh. This will increase shares on issue to approx 215m at end of financial year (based on your current 180m).
I'm comfortable with the 8m profit so 8/215 = 0.0372 x 13.5 = $0.50.
Now to the 13.5 figure...I'm not a huge one for pulling out and saying 'look this is undervalued'.....but 13.5 is by no means unreasonably high for a company with the growth prospects of EPY. The 266% earnings increases are not going to continue....however growth in the 20-30% band is most definately sustainable for the next 5 years....bringing EPS in the $0.10-$0.13 band in 5 years time...which should give EPY a valuation of $1.30+ (over 20% capital growth per year plus dividends).
I here this talk of EPY as a 10-bagger...let me say now, in my eyes the possibility of this is very slim (from the SP of 40c/share), however I'm a firm believer that this company is undervalued for the long term growth prospects it has.
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Last
19.0¢ |
Change
0.010(5.56%) |
Mkt cap ! $55.08M |
Open | High | Low | Value | Volume |
18.5¢ | 19.0¢ | 18.5¢ | $22.49K | 121.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 661249 | 18.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.0¢ | 44649 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 661249 | 0.180 |
3 | 81714 | 0.175 |
3 | 32658 | 0.170 |
2 | 12450 | 0.160 |
3 | 65000 | 0.100 |
Price($) | Vol. | No. |
---|---|---|
0.190 | 44649 | 1 |
0.195 | 140000 | 1 |
0.200 | 227493 | 2 |
0.205 | 96300 | 1 |
0.230 | 44590 | 1 |
Last trade - 15.40pm 29/03/2024 (20 minute delay) ? |
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Last
18.5¢ |
  |
Change
0.010 ( 0.00 %) |
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Open | High | Low | Volume | ||
18.0¢ | 18.5¢ | 18.0¢ | 27830 | ||
Last updated 14.57pm 29/03/2024 ? |
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EPY (ASX) Chart |