Smart Parking Limited

ASX:SPZ

Smart Parking Limited

ASX:SPZ
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$0.890 (+3.5%)
Last close price
#7
Rank
36
Held by
50
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JPPicard
Company Report
Last edited 6 months ago
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ranked
#60
Performance (50m)
11.3% pa
Followed by
58
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#UpandUp
JPPicard
Added 6 months ago
View author's company report

Up 13% yesterday on volume of $371,823 with no news out. Smells like an insto buying in or adding up.

I don't mind that at all. The current valuation of ~$185M may look a little sharp on a projected ~$5-6M of profit, but under their adjusted EBITDA, which I can accept in their case, it's still reasonable coming in around 12x.