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0.97%

51.0¢ ntaw holdings limited

Ann: Appendix 4D and Half-Year Financial Report, page-25

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SteveSage

2,825 Posts.

1033

15/03/24

19:01

Post #: 72912854
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Originally posted by SteveSage: ↑

We were at these levels ~mid 2020 when the business with ~25% of current sales was still managing to generate NPAT of ~$4-5 per annum even when FX rates had moved materially against them.

Covid was an artificially inflated period for them, but they seem to have come out of it a little bloated and less profitable (plus macro factors like FX rates and competitive pressures have not helped). I does appear that they are trying to address the issue (less discounting, closing loss making stores, this dunlop deal), but it also appears that there is a significant shareholder/s who have had their shares up for sale around the 48-51c mark with little demand to break through that volume of shares for sale.

I don't think there is any catalyst for a change anytime soon so we might be in this holding pattern for some time......although if they come out and indicate the Dunlop deal has started (1 April) and give a 1Q update, that would be helpful reminder to the market of what the business is doing

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not sure what happened around close, but it appears that all the sell volume disappeared between 50-59c and someone managed to match a trade at 54c.......which resulted in quite a jump from the 49.5c it was trading at just before 4pm

strange

NTD Price at posting: 54.0¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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(20min delay)
Last 51.0¢		Change -0.005(0.97%)		Mkt cap ! $68.40M

Open	High	Low	Value	Volume
51.3¢	51.3¢	51.0¢	$11.08K	21.68K

Buyers (Bids)

No.	Vol.	Price($)
1	1100	51.0¢

Sellers (Offers)

Price($)	Vol.	No.
51.5¢	7770	1

View Market Depth

No.	Vol.	Price($)
1	1100	0.510
2	39422	0.505
4	51198	0.500
2	6000	0.490
1	10588	0.485

Price($)	Vol.	No.
0.515	7770	1
0.525	68526	1
0.530	1300	1
0.540	13704	1
0.550	20000	1

Last trade - 14.43pm 14/05/2024 (20 minute delay)


Last 51.0¢			Change -0.005 ( 0.97 %)
Open	High		Low	Volume
51.5¢	51.5¢		51.0¢	14108
Last updated 14.43pm 14/05/2024 ?

NTD (ASX) Chart