IWF integrated group limited

pe 9, profit growth 225%last year!

  1. 1,263 Posts.
    I believe IWF is very, very under-valued and due for a re-rateing.

    Considering the following:

    HEavy exposure to mining services.

    PE of 9.

    Net Profit after tax grew 224% last year.

    Net operating cash flow more than trippled last year.

    Pays a 6% dividend fully franked.

    With this sort of growth rate, and a PE of 9, then forward thinking to 12 months time showa that any investement now is going to be worth quite a bit more come june next year.

    It has 3 divisions..a marine division supporting mining and gas, a workforce division and a maintenance division...all of these give great exposure to mining expansion without the risk.





 
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