I think the revenue downgrade is, at least, something to watch.
The whole thesis behind the investment in ABB is about them continually grabbing market share of a proven process because of better service etc.
The projected revenue number for the 2023 of $800m means that the second half will come in at about the same value as the first half - so not much extra market share.
It will get harder as each year goes by, but they need to keep up the momentum for quite a while yet.
I'm not concerned at this stage but I'll be keeping my eye on it.
I think the revenue downgrade is, at least, something to...
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Last
$3.55 |
Change
-0.020(0.56%) |
Mkt cap ! $1.049B | |||
| Open | High | Low | Value | Volume |
| $3.59 | $3.60 | $3.50 | $5.815M | 1.645M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8208 | $3.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.55 | 6830 | 3 |
View Market Depth
| Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
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Last
$3.55 |
Change
-0.020 ( 0.83 %) |
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| Open | High | Low | Volume | ||
| $3.55 | $3.60 | $3.50 | 321902 | ||
| Last updated 15.59pm 17/06/2024 ? | |||||
| ABB (ASX) Chart |
