I'm just pointing out the obvious ...the company has stated that Full Year 23 is expected to be EPS on the region of $1.33 to $1.44 which is on itself a defacto profit warning hence the strong sell off today.
Profit warnings tend to come in threes and as interest rates and recession start to bite I expect that guidance will be revised downwards during the course of the year.
There is a real possibility it could be nearer $1 EPS and FY 2024 even less so on a PE of 6 it could easily revisit Covid lows.
I really don't see any positive catalyst for owning the stock excepting a raging bull market which will lift all boats.
I'm just pointing out the obvious ...the company has stated that...
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Last
$13.26 |
Change
0.350(2.71%) |
Mkt cap ! $903.9M | |||
| Open | High | Low | Value | Volume |
| $12.89 | $13.30 | $12.70 | $1.657M | 126.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 509 | $13.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.26 | 203 | 8 |
View Market Depth
| Last trade - 14.22pm 20/06/2025 (20 minute delay) ? |
| CCP (ASX) Chart |