Arbi-taj

[Arbi-taj @arbitaj96]

@linzcom Sydney rents to the moon.

[Arbi-taj @arbitaj96]

@RBASHAGGER The best inheritance you can give your children is a beautiful property in Western Sydney that holds a reverse mortgage with an effective LVR of 150%

[Arbi-taj @arbitaj96]

@lukewinchester9 Get the shopping list ready!

[Arbi-taj @arbitaj96]

@cjoye Wolfie’s new pad?

[Arbi-taj @arbitaj96]

@RonShamgar

[Arbi-taj @arbitaj96]

@RonShamgar @eadatt Emanuel, I think you're missing their install base (over 4,500 facilities globally) and the replacement rate that comes with this.

[Arbi-taj @arbitaj96]

@cjoye Wolfie - what's the S&P doing up 26% YTD?

[Arbi-taj @arbitaj96]

@TMFScottP Any political intervention into the Future Fund's capital allocation framework will surely deteriorate Australia's sovereign wealth, as no politician has shown any aptitude in this area in recent history.

[Arbi-taj @arbitaj96]

@LD9918 How are you valuing Zoleo Inc?

Core biz is burning $1.5m pa after cost out program. Not sure where you get $8m from?

I don't own this but its an interesting sitch, with a range of favourable outcomes with value in excess of the current EV.

[Arbi-taj @arbitaj96]

$BCC. $8m M/C. Owns 50% of Zoleo Inc ($47m Rev for '24, $6m GP, ~100k subs at $22 ARPU with 2.5% churn). Are they about to get more than their market cap paid out via this divestment?

[Arbi-taj @arbitaj96]

@Saintly96 Will have to wait for H1FY25 contracted orders update in Feb 25 vs. $50.3m reported at Aug 24 plus delivered rev over the half to decipher fwd growth/performance. +16% o-grwth pcp is nice to hear but doesn't provied the greatest clarity either.

[Arbi-taj @arbitaj96]

@lukewinchester9 smells like $CLG

[Arbi-taj @arbitaj96]

$AHC - cheap at these levels (9x 1yr fwd EV/EBIT) in consideration of ~$9m/$14m EBIT FY25/26 (my est). Recent acq's may mask mgmt goal of growing software sales to 50% of rev mix in the medium term, clarity around progress toward this obj presents attractive upside risk. (held)

[Arbi-taj @arbitaj96]

Isn't this the whole point of a CF statement?? Burn bby burn.

[Arbi-taj @arbitaj96]

@DznBkr @RaasGroup Nice one Josh

[Arbi-taj @arbitaj96]

@RonShamgar BTFD

[Arbi-taj @arbitaj96]

@great_martis 250bps*

[Arbi-taj @arbitaj96]

Burn bby burn. Guess the cap on this thing.

[Arbi-taj @arbitaj96]

@Fighta71 Good to see you still smashing it Lincoln

[Arbi-taj @arbitaj96]

@harrisonpollock Debt funders are lending up to 3x EBITDA currently and wtr your cap raise comment, as always you have to balance the cost of funding with the expected ROIC of said funds.