Stock Spirits Group - Re: STCK Stream Log - Not sure what happened there....

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14:24 10/08/2017

Not sure what happened there. Part 2. ... trading less than 8x 2017 EBITDA vs 18x for Diageo. Not I know, I know. Its Apples and pears. Latter has a world class stable of brands, a truly global footprint and superior operating margins. But Stock is a fantastic cash machine in its own small way. Free Cash Flow of €36.5m in H1 = 10% of market cap. In H1 alone. In a relatively depressed market environment. No wonder net debt is plummeting. Dividend hikes will surely follow in coming years. Which in today's crazy low yield world is worth having. I think the market will eventually recognise this too...

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