Recently took a small position at 70c. normally I shy away from stocks as spec as this, but the price seemed pretty decent. Last year's profit was 4.9m, as per other posts on this site I also think we can see 6.5m this year. At 70c this is a PE of under 10.
When you look at stocks like MYOB with profits averaging around 10m for the past 4 years, yet has a market cap of $450m, it really becomes quite attractive.
abn amro starting informal coverage, page-3
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Last
51.0¢ |
Change
0.010(2.00%) |
Mkt cap ! $38.92M | |||
| Open | High | Low | Value | Volume |
| 50.0¢ | 51.0¢ | 50.0¢ | $4.541K | 9.062K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 12033 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 52.0¢ | 38301 | 1 |
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| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| ADA (ASX) Chart |