AX1 accent group limited

Ann: Trading Update, page-57

  1. 2,062 Posts.
    lightbulb Created with Sketch. 504
    I think the gross profit will be higher than 1H23 because of the larger store footprint and also improvement in gross margins from the underperforming glue store as well as higher gross margin sales from Nudelucy (which I gather is doing very well).
    I think EPS of 8c would be a good outcome and I'd be happy with that. I expect the dividend to be near the 100% payout ratio (last year it was above the EPS). DPS of 8c for H1 and ~6c of H2 is 14c which isn't too bad for a SP of $2 (yielding 7% net and ~10% grossed up).
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$1.36
Change
-0.445(24.7%)
Mkt cap ! $817.6M
Open High Low Value Volume
$1.56 $1.56 $1.33 $23.26M 16.45M

Buyers (Bids)

No. Vol. Price($)
3 27811 $1.36
 

Sellers (Offers)

Price($) Vol. No.
$1.37 400 1
View Market Depth
Last trade - 16.10pm 13/06/2025 (20 minute delay) ?
AX1 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.