Ann: Change in substantial holding from PPT, page-3

First 3 Last

Share
Profile

Follow
fdKen

8,743 Posts.

71

12/05/20

16:51

Post #: 44579131
Share

Originally posted by pforpaul: ↑

EVT EVENT HOSPITALITY AND ENTERTAINMENT LTD
Travel, Leisure & Tourism – Overnight Price: $7.43
E.L. & C Baillieu rates ((EVT)) as Upgrade to Buy (1) –
Event Hospitality and Entertainment has withdrawn guidance for FY20 with covid-19 escalating. Broker Baillieu notes all cinemas operated by the company have been closed since March 23 with most employees stood down and major movies rescheduled to the next year.
The hospitality services provider's hotels had a good first half, but the broker reiterates the uncertainty from covid-19 and its impact on the second half.
Baillieu downgrades FY20 EPS forecast by -30% with dividend forecasts flat to FY21. Rating upgraded to Buy with target price at $9.35.
The report was published on March 31, 2020.
Target price is $9.35 Current Price is $7.43 Difference: $1.92
If EVT meets the E.L. & C Baillieu target it will return approximately 26% (excluding dividends, fees and charges).
The company's fiscal year ends in June.
Forecast for FY20:
E.L. & C Baillieu forecasts a full year FY20 dividend of 52.00 cents and EPS of 39.50 cents.
At the last closing share price the estimated dividend yield is 7.00%.
At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is 18.81.

Expand

Forecast for FY21:
E.L. & C Baillieu forecasts a full year FY21 dividend of 52.00 cents and EPS of 32.30 cents.
At the last closing share price the estimated dividend yield is 7.00%.
At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is 23.00.

I recently (unfortunately) bought a lot of this.

Any suggestions/discussions apart from the buy recommendation?

EVT Price at posting: $7.53 Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

AVM

'Sure to be busy': Advance's Yuquivo drilling gets off to top start with first-hole hits

4DS

4DS Memory tanks as microchip tech tests fail to produce result

THL

Today's top gainer stock isn't an energy player. Here's what's going on

STO

Santos jumps +15% as ADNOC takeover deal digested

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

First 3 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last $16.56		Change 0.460(2.86%)		Mkt cap ! $2.691B

Open	High	Low	Value	Volume
$16.10	$16.58	$16.10	$968.0K	59.44K

Buyers (Bids)

No.	Vol.	Price($)
10	221	$16.54

Sellers (Offers)

Price($)	Vol.	No.
$16.56	887	6

View Market Depth

No.	Vol.	Price($)
3	9	16.560
7	243	16.550
2	80	16.540
5	376	16.530
1	170	16.520

Price($)	Vol.	No.
16.570	401	4
16.580	1043	5
16.590	167	1
16.600	174	1
16.610	182	1

Last trade - 11.55am 16/06/2025 (20 minute delay)

EVT (ASX) Chart

Ann: Change in substantial holding from PPT, page-3

'Sure to be busy': Advance's Yuquivo drilling gets off to top start with first-hole hits

4DS Memory tanks as microchip tech tests fail to produce result

Today's top gainer stock isn't an energy player. Here's what's going on

Santos jumps +15% as ADNOC takeover deal digested

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Change in substantial holding from PPT, page-3

Top Stories

'Sure to be busy': Advance's Yuquivo drilling gets off to top start with first-hole hits

4DS Memory tanks as microchip tech tests fail to produce result

Today's top gainer stock isn't an energy player. Here's what's going on

Santos jumps +15% as ADNOC takeover deal digested

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News