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Regenersis

Date Reports available Download
Mar 07
2008
Dialling back in...
New management have cut out the speculative trading activities and re-focused the business on revenue share backed mobile phone recycling and a growing repair business. This has substantially reduced the P&L risks, and given the robust market backdrop, we believe management can upscale the business and margins further. The shares look cheap, trading on c 3x “normalised” cash flow.
Research type: Company Comment
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