Tessa attended the virtual meeting. Further encouraged. Outlook is for underlying 500-600K profit current half. Continued growth in rentals also foreshadowed. My impression is that a consistent profit of $1-2M has arrived. This will comfortably support the 1 cent per annum dividend (cost 400K) and suggests the share price should be at least somewhat higher. Only negative seems to be that covid has slowed down international expansion, but this hasn't been lost sight of. One feels that effort will resume and perhaps drive profits another leg higher a few years down the track. Company seems in good shape. Looks solid, and profits are growing.
- Forums
- ASX - By Stock
- Ann: Chairman & CEO's Address to Shareholders
Tessa attended the virtual meeting. Further encouraged. Outlook...
-
-
- There are more pages in this discussion • 1 more message 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 SRH (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.791M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
SRH (ASX) Chart |
Day chart unavailable