Australia's largest stock trading and investment forum Australia's #1 stock forum

NTD

Click for more information

0.00%

51.5¢ ntaw holdings limited

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

First 25 Last

Share
Profile

Follow
SteveSage

2,825 Posts.

1033

15/03/24

19:01

Post #: 72912854
Share

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

Expand

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
5 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 2 more messages in this thread...

First 25 Last

Add NTD (ASX) to my watchlist

(20min delay)
Last 51.5¢		Change 0.000(0.00%)		Mkt cap ! $69.08M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	19600	51.0¢

Sellers (Offers)

Price($)	Vol.	No.
51.5¢	8620	2

View Market Depth

No.	Vol.	Price($)
1	19600	0.510
1	30000	0.505
4	51198	0.500
2	6000	0.490
1	10588	0.485

Price($)	Vol.	No.
0.515	8620	2
0.520	18383	2
0.525	68526	1
0.530	1300	1
0.540	13704	1

Last trade - 11.48am 14/05/2024 (20 minute delay)


Last 51.5¢			Change 0.000 ( 0.00 %)
Open	High		Low	Volume
51.5¢	51.5¢		51.5¢	5000
Last updated 10.22am 14/05/2024 ?

NTD (ASX) Chart

Day chart unavailable