Summary, without explicitly saying so, management is 'guiding' for earnings to be the same as FY21.
FY21 EPS is 5c, cash flow per share 12c (but with cap ex of 7c= 5c EPS).
Hopefully this represents the base trough in earnings as the business adapts to its new model.
I have a small 1st position bought at $1.50, but I am weary of dollar averaging downwards at the moment.
Maybe if the shares drop to around $1 I will start topping up.
At $1 IRI would be trading on a PE of 20, maybe ok for what is hopefully bottom of the cycle earnings.
Ann: AGM Presentation, page-2
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add IRI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
69.0¢ |
Change
0.015(2.22%) |
Mkt cap ! $122.3M | |||
| Open | High | Low | Value | Volume |
| 67.5¢ | 71.0¢ | 66.0¢ | $435.9K | 635.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 35455 | 69.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 71.0¢ | 1379 | 1 |
View Market Depth
| Last trade - 16.10pm 10/10/2024 (20 minute delay) ? |
| IRI (ASX) Chart |