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45.5¢ ntaw holdings limited

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

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SteveSage

2,847 Posts.

1058

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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(20min delay)
Last 45.5¢		Change 0.000(0.00%)		Mkt cap ! $61.03M

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

Buyers (Bids)

No.	Vol.	Price($)
2	8037	45.5¢

Sellers (Offers)

Price($)	Vol.	No.
46.5¢	9062	2

View Market Depth

No.	Vol.	Price($)
2	8037	0.455
3	31555	0.450
7	121336	0.440
1	2301	0.435
2	50185	0.430

Price($)	Vol.	No.
0.465	9062	2
0.470	9603	2
0.475	10000	1
0.480	6667	2
0.495	2020	1

Last trade - 10.06am 30/05/2024 (20 minute delay)

NTD (ASX) Chart

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