With a 10 cent dividend this half and expecting 6 to 7 million in losses next half they actually couldn't afford to give a bigger dividend than they did. They are expecting 3 to 4 million in NPAT for the full year which is about 10 to 14 EPS. Most wise companies don't give out more in dividends than they make in earnings and profits. I was expecting a 15 to 20 c dividend as well but I didn't expect the large drops in NPAT and the forecast losses to drop the dividend by that much.
The question is going to be tomorrow if this becomes the 1 dollar shop, the 2 dollar shop or the 3 dollar shop again. I'm expecting a drop to low 2's in the short term. I can't see buyers taking the risk for now. Now that Allensford has a big piece of the pie I expect board/management/company/strategy changes to be announced before this moves North again.
Allensford has soaked up over 1 million shares today by the looks of it. That's another 3 to 4 percent of the company gained just today.
- Forums
- ASX - By Stock
- TRS
- TRS price after today
TRS price after today, page-8
-
- There are more pages in this discussion • 44 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TRS (ASX) to my watchlist
(20min delay)
|
|||||
Last
$3.25 |
Change
0.120(3.83%) |
Mkt cap ! $121.1M |
Open | High | Low | Value | Volume |
$3.13 | $3.25 | $3.13 | $76.43K | 23.93K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 931 | $3.21 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.25 | 1145 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 931 | 3.210 |
1 | 701 | 3.200 |
2 | 1267 | 3.130 |
4 | 8421 | 3.120 |
1 | 5000 | 3.110 |
Price($) | Vol. | No. |
---|---|---|
3.250 | 1145 | 2 |
3.290 | 421 | 1 |
3.300 | 3062 | 3 |
3.400 | 3500 | 2 |
3.490 | 2800 | 1 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
Featured News
TRS (ASX) Chart |