"Any insights why SP has tabled so hard after these results which seem reasonably good (-10% as of posting)"
The stock has capitalised at some prior to open today implying a rough EV of ~$983bn once accounting for the debt adjustment used in the OTW acquisition. Today's confirmation of top-end guidance placed the stock on a >25x EV/EBITDA multiple which appears too expensive as growth begins to slowin the residential and business divisions.
Additionally churn has remained high which reminds the market that ABB operate in a highly competitive broadband space with some mightly big gorilla competitors in Optus and Telstra.
"Any insights why SP has tabled so hard after these results...
-
- 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)
Add ABB (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.01 |
Change
0.020(0.67%) |
Mkt cap ! $883.5M | |||
| Open | High | Low | Value | Volume |
| $2.96 | $3.01 | $2.96 | $489.5K | 164.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 6697 | $3.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.02 | 18398 | 8 |
View Market Depth
| Last trade - 10.37am 06/08/2024 (20 minute delay) ? |
| ABB (ASX) Chart |