28-10-2017, 04:15 PM
(11-03-2017, 08:46 AM)GenS70 Wrote: [ -> ]Based on the last full year result, my computation of Fischer tech 4x EV/EBITDA will be $2.40
I believe Spindex is being privatized at 3.8x EV/EBITDA, which I believe one has to see it as cheap or at least attractive otherwise I would not privatise it if I am the Tans, when they are already the controlling shareholder
Glad there is a closure now, take out at > 4x EV/EBITDA.
so who is next?
or who is the cheapest plastic play now?