So looks like NZK might be able to self fund endeavor if it is rolled out gradually. They have about 25m net cash, and should qualify for borrowings of at least $75m if they can maintain the current earnings run rate. Then there is project finance or leasing of capital equipment required.
Hope we don't get any La Nina years for a while - the extra cloud cover makes the average water temp higher, as the water doesn't cool as much overnight. El Nino is cooler.
The sales are looking great - and higher feed justifies higher pricing, along with the higher quality of Chinook.
See if the stock breaks away a bit with a PE of about 5x based on this half year.
- Forums
- ASX - By Stock
- Ann: 1HY24 Half Year Results Announcement
So looks like NZK might be able to self fund endeavor if it is...
-
- There are more pages in this discussion • 1 more message 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 NZK (ASX) to my watchlist
(20min delay)
|
|||||
Last
23.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $123.7M |
Open | High | Low | Value | Volume |
23.0¢ | 23.0¢ | 23.0¢ | $41 | 180 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 598 | 23.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
24.0¢ | 22560 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 598 | 0.235 |
2 | 24719 | 0.230 |
1 | 4400 | 0.220 |
1 | 10000 | 0.215 |
1 | 5000 | 0.210 |
Price($) | Vol. | No. |
---|---|---|
0.240 | 22560 | 1 |
0.280 | 4992 | 1 |
0.300 | 900000 | 1 |
0.330 | 80117 | 2 |
0.000 | 0 | 0 |
Last trade - 10.06am 07/06/2024 (20 minute delay) ? |
Featured News
NZK (ASX) Chart |