Maybe share price needed adjusting!
@ $3.30 I make current dividend yield 5.75% which is just acceptable as to.
@ $3.60 div yield 5.3%
what is more important to see if company is profitable is earnings yield
@ 3.60 I make earnings yield 6.1%
@ $3.30 earnings yield is 6.7%
Single digit is not growing or highly profitable.
3 years ago earning yield was double digit.
But the strange thing is Free cash flow shows steady growth year after year.
Company increased profit by 11% for the FY.
I think its the $140m they are holding in cash.
I believe AZJ offered to buy pier 29 in South Australia, to get a presence in South Australia stevedoring.
South Australians don't like interstate interest taking over South Australian interests.
I was told by a local "Good luck trying to buy that".
Meaning you have a fat chance of doing that.
Now they plan a share buyback which will shore up the balance sheet a little.
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Last
$3.26 |
Change
-0.045(1.36%) |
Mkt cap ! $5.917B |
Open | High | Low | Value | Volume |
$3.28 | $3.31 | $3.16 | $40.99M | 12.64M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
96 | 177494 | $3.25 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.26 | 202063 | 67 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
97 | 182598 | 3.250 |
57 | 271693 | 3.240 |
29 | 331869 | 3.230 |
27 | 114703 | 3.220 |
19 | 156262 | 3.210 |
Price($) | Vol. | No. |
---|---|---|
3.260 | 193648 | 65 |
3.270 | 329449 | 58 |
3.280 | 216833 | 25 |
3.290 | 108398 | 17 |
3.300 | 239518 | 16 |
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