Congratulations to the ECS Team! Another phenomenal Q2 result driven by quality product, efficient management and an in-demand market.
60% increase in outdoor cropping, this quarter/following will have utilisation of new indoor growing conditions for increased yield, expected VESIsorb approval by Q3 to supply a patented value-add product to existing products and increased demand from customers. You cannot pave a better runway for these guys to grow into.
Estimated 28mil FY revenues, ~$1.2-3mil in NPAT as a lower estimate with minimal growth on current numbers.
Upper limit for FY25 could roughly be 50-70mil revenues with ~$5-7.5mil in NPAT. Forward estimate would put current pricing to earnings of 4. Given market standard is in the realm of 16, trading at a discount to attribute risk I’d like to see ECS trading at multiples of 12 on forward estimates. So my 6-12 month revised price target is 6.6c on the lower limit, up to 9-11c if trading as a speculative with an inflated estimate.
- Forums
- ASX - By Stock
- ECS
- Ann: Quarterly Activities/Appendix 4C Cash Flow Report
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-2
-
- There are more pages in this discussion • 80 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 ECS (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.8¢ |
Change
0.002(12.5%) |
Mkt cap ! $21.26M |
Open | High | Low | Value | Volume |
1.6¢ | 1.8¢ | 1.6¢ | $18.30K | 1.075M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 2000000 | 1.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.8¢ | 989216 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 2000000 | 0.017 |
8 | 2891249 | 0.016 |
15 | 4551270 | 0.015 |
13 | 2938499 | 0.014 |
8 | 2316050 | 0.013 |
Price($) | Vol. | No. |
---|---|---|
0.018 | 1020157 | 7 |
0.019 | 667874 | 2 |
0.020 | 954251 | 8 |
0.021 | 947308 | 5 |
0.022 | 1273775 | 6 |
Last trade - 12.02pm 18/09/2024 (20 minute delay) ? |
Featured News
ECS (ASX) Chart |