"Looks like GUD spent some of the monster cashflow on buying a European automotive specialist lighting distribution business RVX for $12m.
An acquisition within existing business units is the way to go at the moment. I am presuming this will be EPS acretive as it leverages the existing business."
All true, but a $12m acquisition in the context of a $1.6bn Market Cap business won't do much to move the dial (will add around $4m EBITA added to GUD's ~$210m EBITA expected for this year)
More relevant at this pint, I think, is what trading conditions look like over the next 6-9 months, and to the extent that the crummy BAP update at its AGM yesterday reflects challenges specific to BAP, or is indicative of a soft demand overall.
I suspect its a case of a bit of both (perhaps 40% due to the former; 60% the latter).
.
- Forums
- ASX - By Stock
- GUD
- Ann: ASX Release Results for the full year ended 30 June 2023
Ann: ASX Release Results for the full year ended 30 June 2023, page-7
- There are more pages in this discussion • 4 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 GUD (ASX) to my watchlist
|
|||||
Last
$10.63 |
Change
0.240(2.31%) |
Mkt cap ! $1.497B |
Open | High | Low | Value | Volume |
$10.40 | $10.65 | $10.37 | $2.532M | 240.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 3663 | $10.62 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$10.64 | 503 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 813 | 10.620 |
2 | 4590 | 10.600 |
1 | 29 | 10.590 |
1 | 668 | 10.580 |
1 | 668 | 10.570 |
Price($) | Vol. | No. |
---|---|---|
10.660 | 2000 | 1 |
10.670 | 3000 | 1 |
10.680 | 668 | 1 |
10.690 | 1790 | 1 |
10.700 | 668 | 1 |
Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
|
|||||
Last
$10.63 |
  |
Change
0.240 ( 2.08 %) |
|||
Open | High | Low | Volume | ||
$10.40 | $10.65 | $10.37 | 39329 | ||
Last updated 15.59pm 17/06/2024 ? |
Featured News
GUD (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non Executive Director
Simon Kidston
Non Executive Director
SPONSORED BY The Market Online