Share
597 Posts.
lightbulb Created with Sketch. 144
clock Created with Sketch.
08/10/21
15:07
Share
Originally posted by RobertGrayndler:
↑
Have you all read the Annual Report to shareholders? If I am missing something really obvious, it seems to me ATL is a good thing - they/team really checked themselves to be operational in the years to come. They are realistic but can see how they can improve with the demand etc. They are forecast to become profitable over the next 3 years and this also includes earnings - forecast to grow. This is my take: Full year 2021 results: Revenue: AU$293.3m (down 20% from FY 2020). Net loss: AU$17.9m (loss narrowed 71% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by more than 50% per year, which is a significant difference in performance. Anyone else sees something I did not pick up or know more about ATL?
Expand
this business struggled pre covid and it’s share price was whacked well before March 2020. it will be a long road back and hopefully covid will provide a bump to earnings. i am holding CHL which ATL has a holding in. May be worth holding both but will wait and see with ATL