I see this as a FY26 storey as well. EPS for FY24 was ok. The issue is no guidance concerns the market. The cost of debt is falling but it's anyone's guess on what happens with commodities. We also have much higher costs and the margin does not seem to justify the risks and type of work undertaken. Competition is clearly hurting DGL.
We have heard the storey of extracting synergy's before. When or if that happens is still to be seen. Exporting of lead battery's to China is a real concern that Simon mentioned on the call.
The issue I have is that there are plenty of good opportunities out there. Is it worth waiting another year. I would have thought it's onwards and upwards from here. The SP and the research analysts say NO.
Will continue to hold until agm at least.
I see this as a FY26 storey as well. EPS for FY24 was ok. The...
Add DGL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
48.5¢ |
Change
-0.005(1.02%) |
Mkt cap ! $138.3M | |||
| Open | High | Low | Value | Volume |
| 49.0¢ | 49.0¢ | 48.5¢ | $44.09K | 90.37K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 127616 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 20000 | 1 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| DGL (ASX) Chart |