What a vicious reaction.
The market has recently been reacting to to financial results in a bizarre & inconsistent manner.
The good bits:
# service division growing at double digits (21%)
# Growth profit margin improved to 49% vs 47%
The bad bits:
# Products division sales contracted by 9%.....This is what upset the market....It is the major growth driver ....or the blue sky.
# No equipment or consumables sales in the Technology division.
# Operating Cash Flow contracted by 62% ( $575Ks vs $1755Ks).....This can be explained by the strong debtor position ( net receivable $4.725m Vs $3.358m......Yet the market likes better working capital management & freeing up cash.
# Dividend stagnant at 0.005.
----
Not a pristine result . but I didn't think it justifies 30% drop.
- Forums
- ASX - By Stock
- LBL
- Ann: December 2019 Appendix 4D & Financial Report
Ann: December 2019 Appendix 4D & Financial Report, page-9
-
- There are more pages in this discussion • 15 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 LBL (ASX) to my watchlist
|
|||||
Last
59.5¢ |
Change
0.035(6.25%) |
Mkt cap ! $69.47M |
Open | High | Low | Value | Volume |
56.0¢ | 60.0¢ | 56.0¢ | $115.0K | 202.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 608 | 57.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
59.5¢ | 40193 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 608 | 0.570 |
3 | 44000 | 0.565 |
3 | 77954 | 0.560 |
6 | 42279 | 0.550 |
1 | 7000 | 0.545 |
Price($) | Vol. | No. |
---|---|---|
0.595 | 40193 | 1 |
0.600 | 8575 | 2 |
0.605 | 167 | 1 |
0.610 | 2873 | 2 |
0.620 | 8980 | 3 |
Last trade - 15.47pm 03/09/2024 (20 minute delay) ? |
Featured News
LBL (ASX) Chart |