ACF 2.75% $1.12 acrow limited

Slide page 36 says only $10000 in tax paid in 2022 and that tax...

  1. 2,320 Posts.
    lightbulb Created with Sketch. 700
    Slide page 36 says only $10000 in tax paid in 2022 and that tax payments will start in 2023. The half year accounts showed tax assets of $7.5 million.

    Even so they say page 41 that NPAT will rise 23% in 2023. Underlying EPS last year was 7.2 cps, or a PE under 8, with net profit growth of over 20% this year and a dividend yield of 5% that is 60% franked. It surely has to be rerated to a higher PE at some point.

    It is large enough to interest more small cap institutions apart from Perennial.
    Last edited by edshann: 24/08/22
 
watchlist Created with Sketch. Add ACF (ASX) to my watchlist
(20min delay)
Last
$1.12
Change
0.030(2.75%)
Mkt cap ! $337.5M
Open High Low Value Volume
$1.09 $1.14 $1.09 $775.7K 696.2K

Buyers (Bids)

No. Vol. Price($)
1 20204 $1.11
 

Sellers (Offers)

Price($) Vol. No.
$1.13 5077 2
View Market Depth
Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
ACF (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.