In the chairman's address, he states that one of the focuses for FY18 will be to "generate greater than 10% growth in revenue."
Based on their revenue of US110.9M in FY17, to reach US$200M by FY20 they will need to grow revenue at a CAGR of 21.7% p.a.
My question for holders/analysts is this: Has he given some sort of hint that actual revenue growth this FY will be nearer to the 10% than required 20-odd%? And does this mean the market has perhaps become too bullish on the stock?
I am more than happy to be corrected on any information in this post. Just doing some due diligence on stocks I own that have run hard and working out which ones to allow to continue to run/take profits.
ALU Price at posting:
$15.59 Sentiment: Hold Disclosure: Held
