OK recapping here. Im talking USA side figures here ? In eofy 20 i can see they are paid $168m finance costs plus all the other costs which left them $612m net income to pay divs etc. They paid $724m in divs so they had to get the extra $112m from cash reserves ?
Based on USA shares issued and sp price the USA pe was 28 and the div yield was 4.2%.
How ever with out franking credits the tax adjusted div yield is only 2.5 or 3%.
AMCOR has painted it self into a corner by making lots of expensive acquisitions and loading up lots of debt along the way.
As far i can see their debt has been going up not going down.
A LOUSY PERFORMER, page-11
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Last
$16.32 |
Change
0.000(0.00%) |
Mkt cap ! $9.932B | |||
| Open | High | Low | Value | Volume |
| $16.35 | $16.40 | $16.25 | $27.73M | 1.701M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 359 | $16.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.35 | 2440 | 3 |
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| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| AMC (ASX) Chart |