gc,
Valid points , however we really need to look where ZGL will transform into a few years down the track.
Look at the Dec half year.
1) Construction revenues down 34% from PCP...EBIT down to7%.
2) Oil services revenues up 4.5%.....EBIT 8%.
Those 2 divisions are struggling like all MS/Construction/Oil Services outfits we are all familiar with......ZGL is technically outperforming every single one of them.
3) PE revenues up 60%.....EBIT up to 12.6%.
The PE division is the best performing.... growth & margin wise (perhaps not your elite margin,but we can't dismiss it as low tech)....Is there a scope for improvement?
I can't describe the Construction Division currently as "stable" when it is contributing 34% less & its margin is squeezed to 7%.
I'd like to see ZGL with smooth , non cyclical ,sustained growth which will be achieved by growing the PE division & the start ups to such an extent that the influence of the laggards has little impact.
Obviously we are all hoping for a turn around in the lagging sectors ( there are some early signs of a bottom) & continue the growth trajectory of of the PE.
There will be periods when ZGL is firing on all cylinders....Something to look forward to.
- Forums
- ASX - By Stock
- ZGL
- Ann: New Investment
Ann: New Investment , page-12
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ZGL (ASX) to my watchlist
|
|||||
Last
8.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $18.88M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 70000 | 6.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.7¢ | 103000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 70000 | 0.063 |
1 | 16683 | 0.060 |
1 | 15000 | 0.051 |
1 | 20019 | 0.050 |
1 | 25024 | 0.040 |
Price($) | Vol. | No. |
---|---|---|
0.097 | 103000 | 1 |
0.100 | 26578 | 2 |
0.125 | 5000 | 1 |
0.130 | 149000 | 1 |
0.000 | 0 | 0 |
Last trade - 16.12pm 26/07/2024 (20 minute delay) ? |
Featured News
ZGL (ASX) Chart |
Day chart unavailable