AJX

0.00%

1.0¢ alexium international group limited

Is the honeymoon over?, page-206

First 206 Last

Share
Profile

Follow
happytrader2015

2,487 Posts.

205

30/10/17

11:15

Post #: 28306182
Share

Originally posted by SebTaylor ↑

Yup, I see the 2nd half year as the one to the watch.

Also looking at the last Petra report I see they were forecasting sales of $45m for 2017/18 - buts lets be conservative and say they do $35m.

Whilst AJX are targeting a margin of 40% - lets say that the average for 2017/18 is 35% over the year.

So applying 35% margin to $35m in sales gives a gross profit of $12.250m.

Operating costs for the last quarter where around $2.265m - but lets be conservative again and say they average $2.5m per quarter and so for the year $10m. Interest costs for example may rise abit if they draw down on their debt facility to fund a big order.

Depreciation etc (non cash) for last year was around $359k and employee share based payments $529k. So lets say non cash related spend (and not shown in the quarterly 4C's) is around $1m (but hey it may only be $500k).

So based on $35m in sales they have the potential for a net profit of $1.250m.

And on $40m a net profit of $3m.
I

Another thing to watch is whether they get any upfront payments from a licencing deal, which would also help cash-flow and lessen any requirement to draw down on the debt facility.

Expand

yes the licensing deal is an unknown as the new management quote is it's in the final stages..that would have to be a trading halt announcement I would think?

AJX Price at posting: 32.5¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

ARD

Argent begins search for VMS mineralisation at Kempfield Cu-Pb-Zn-Au-Ag play in NSW

Emerald & Azure score Digger & Dealer awards

Week 33 Wrap: US recession fears forgotten; RBNZ’s surprise rate cut; more iron ore trouble

VTM

Victory Metals dips -8% even as company set to grow heavy REE resource at North Stanmore

EQR

EQ Resources transitions historic Mt Carbine tungsten mine to owner-operator system

Bitcoin: Current State of Play & Where to Next | Swyftx

SVL

Court of Appeal upholds environmental group's challenge to Silver Mines Ltd's Bowden project

WNX

Wellnex sees first special access scheme prescriptions for new Wellness Life brand

IMD

IMDEX to receive $10M in out-of-court settlement with Boart Longyear over downhole tool patent

M2R

EIS co-funded campaign sees Miramar kick off maiden drilling at Bangemall, Gascoyne WA

There are more pages in this discussion • 46 more messages in this thread...

First 206 Last

Add AJX (ASX) to my watchlist

(20min delay)
Last 1.0¢		Change 0.000(0.00%)		Mkt cap ! $15.62M

Open	High	Low	Value	Volume
1.0¢	1.0¢	1.0¢	$1.54K	154.0K

Buyers (Bids)

No.	Vol.	Price($)
3	1253814	1.0¢

Sellers (Offers)

Price($)	Vol.	No.
1.1¢	115736	2

View Market Depth

No.	Vol.	Price($)
3	1253814	0.010
2	700000	0.009
3	516044	0.008
1	200000	0.007
2	378000	0.006

Price($)	Vol.	No.
0.011	115736	2
0.012	475413	2
0.013	240900	2
0.014	134311	1
0.015	1200	1

Last trade - 16.10pm 16/08/2024 (20 minute delay)

AJX (ASX) Chart

Is the honeymoon over?, page-206

Argent begins search for VMS mineralisation at Kempfield Cu-Pb-Zn-Au-Ag play in NSW

Emerald & Azure score Digger & Dealer awards

Week 33 Wrap: US recession fears forgotten; RBNZ’s surprise rate cut; more iron ore trouble

Victory Metals dips -8% even as company set to grow heavy REE resource at North Stanmore

EQ Resources transitions historic Mt Carbine tungsten mine to owner-operator system

Bitcoin: Current State of Play & Where to Next | Swyftx

Court of Appeal upholds environmental group's challenge to Silver Mines Ltd's Bowden project

Wellnex sees first special access scheme prescriptions for new Wellness Life brand

IMDEX to receive $10M in out-of-court settlement with Boart Longyear over downhole tool patent

EIS co-funded campaign sees Miramar kick off maiden drilling at Bangemall, Gascoyne WA

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Is the honeymoon over?, page-206

Top Stories

Argent begins search for VMS mineralisation at Kempfield Cu-Pb-Zn-Au-Ag play in NSW

Emerald & Azure score Digger & Dealer awards

Week 33 Wrap: US recession fears forgotten; RBNZ’s surprise rate cut; more iron ore trouble

Victory Metals dips -8% even as company set to grow heavy REE resource at North Stanmore

EQ Resources transitions historic Mt Carbine tungsten mine to owner-operator system

Bitcoin: Current State of Play & Where to Next | Swyftx

Court of Appeal upholds environmental group's challenge to Silver Mines Ltd's Bowden project

Wellnex sees first special access scheme prescriptions for new Wellness Life brand

IMDEX to receive $10M in out-of-court settlement with Boart Longyear over downhole tool patent

EIS co-funded campaign sees Miramar kick off maiden drilling at Bangemall, Gascoyne WA

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News