Added to YB: 2024-02-29
Pitch date: 2024-02-26
TCP.JO [bullish]
Nutun Limited
-72.02%
current return
Author Info
No bio for this author
Company Info
Nutun Limited operates as a business process outsourcing (BPO) and credit-lifecycle management group in South Africa, the United Kingdom, the United States, Australia, and internationally.
Market Cap
ZAR 702.6M
Pitch Price
ZAR 3.29
Price Target
N/A
Dividend
N/A
EV/EBITDA
-25.33
P/E
-13.05
EV/Sales
3.53
Sector
Professional Services
Category
special_situation
SaltLight Capital Worldwide Flexible Fund Portfolio Holding - Transaction Capital Limited
TCP.JO mulls WBC spin-off, sees doubling used car share to 20-24% in 5yrs with little capex. WBC grew bays 2.6x & sales 2.5x since 2020, focusing on fast turnover. FCF growth may beat sales if share targets met. Spin-off may aid remaining biz w/ no cross-default clauses & enable SA Taxi rescue if debt support lacking, to be known in 2mo.
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