That's a nice report .... NPAT has more than doubled, operating costs very well managed, FCF +$8.5m (ie FCF yield is a monstrous 25%!!!), Net Debt down to $4.5m from $15.5m pcp. Despite a history of poor corporate governance and obvious agri related risks, the new management team and board renewal appears to have now established a much more stable operating platform from which FRM looks well set to benefit from a favourable macro environment.
Watch for a statement in any upcoming company presentations regarding future dividend intentions, we could well see this thing on a Div Yield of +15% (if share price remains around current prices).
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That's a nice report .... NPAT has more than doubled, operating...
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Last
9.7¢ |
Change
-0.003(3.00%) |
Mkt cap ! $13.95M |
Open | High | Low | Value | Volume |
10.0¢ | 10.0¢ | 9.7¢ | $29 | 296 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2061 | 9.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.0¢ | 2793 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2061 | 0.096 |
2 | 10551 | 0.095 |
3 | 215000 | 0.090 |
1 | 25000 | 0.086 |
1 | 30000 | 0.076 |
Price($) | Vol. | No. |
---|---|---|
0.100 | 2793 | 1 |
0.105 | 7698 | 1 |
0.115 | 2950 | 2 |
0.120 | 20389 | 2 |
0.125 | 46961 | 3 |
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