Non-controlling interests represent an additional $5-$6 million per year. Drop in PBT could well be due to increased interest payments on their large debt.
I expect final EPS to be at 2020 levels, somewhere around 40 cents for the full year. Anything above that is a stellar performance.
Shares have been sold off expecting much worse than this, that is likely why we saw a rally from $3.20s to now $3.50s following this announcement.
Employment is strong nationally with inflation dropping. HVN is trading at book value right now.
It would not be unreasonable to expect a SP of ~$5 if results are as expected and rate rises drop off in the 1H24.
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Non-controlling interests represent an additional $5-$6 million...
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Last
$4.48 |
Change
0.010(0.22%) |
Mkt cap ! $5.582B |
Open | High | Low | Value | Volume |
$4.53 | $4.55 | $4.46 | $4.231M | 942.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 53628 | $4.47 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.49 | 1704 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 8632 | 4.470 |
4 | 53657 | 4.460 |
5 | 18672 | 4.450 |
2 | 11208 | 4.440 |
1 | 2191 | 4.430 |
Price($) | Vol. | No. |
---|---|---|
4.490 | 1704 | 2 |
4.500 | 12742 | 5 |
4.510 | 22072 | 6 |
4.520 | 10031 | 3 |
4.530 | 9681 | 4 |
Last trade - 16.10pm 06/06/2024 (20 minute delay) ? |
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Last
$4.48 |
  |
Change
0.010 ( 0.26 %) |
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Open | High | Low | Volume | ||
$4.52 | $4.54 | $4.47 | 213870 | ||
Last updated 15.59pm 06/06/2024 ? |
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HVN (ASX) Chart |