AJL report was not really that good ! Continuing operations only account for $7.3m PAT which is 10.5 cps so P/E is approx 13x @ $2.60
Some of the EBITDA margins look OK but final PAT margins not so flash.
Should AJL give any cash back? Remember net cash position only slightly positive.
I have watched my small holding fall from $4.55 but will hold.
Ann: Half Yearly Report and Accounts , page-15
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