The results may not look good at first blush, but there are some less obvious positives that shouldn't be lost on investors. First, normalised EBITDA margins are higher despite the drop in revenue. This is unusual for companies as operating leverage means earnings typically falls faster when revenue slows.
Second, Beam still expects to be net operating CF positive despite the softer result. This tells me that Beam's balance sheet and quality of profits is much better than what it was in the recent past.
I am not saying that some of the criticisms aren't valid (in fact some have made very good points), but given where the SP and market cap is, I don't reckon any good news is in the price.
- Forums
- ASX - By Stock
- BCC
- Ann: Beam Half Year FY24 Investor Presentation
Ann: Beam Half Year FY24 Investor Presentation, page-5
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BCC (ASX) to my watchlist
(20min delay)
|
|||||
Last
14.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.53M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 23627 | 13.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.5¢ | 49059 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 23627 | 0.135 |
3 | 99999 | 0.130 |
2 | 5500 | 0.125 |
1 | 1500 | 0.120 |
3 | 56500 | 0.115 |
Price($) | Vol. | No. |
---|---|---|
0.145 | 49059 | 2 |
0.150 | 9750 | 1 |
0.155 | 33972 | 1 |
0.160 | 100000 | 1 |
0.165 | 11600 | 1 |
Last trade - 10.02am 30/05/2024 (20 minute delay) ? |
Featured News
BCC (ASX) Chart |
Day chart unavailable
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
Previous Video
Next Video
SPONSORED BY The Market Online