Australia's largest stock trading and investment forum Australia's #1 stock forum

SLR

Click for more information

0.00%

$1.57 silver lake resources limited

Ann: FY2018 Financial Results Summary, page-3

First 3 Last

Share
Profile

Follow
bevter

25,729 Posts.

1245

22/08/18

09:55

Post #: 35084741
Share

Originally posted by Gwydaer ↑

Holy remuneration Mr Tonkin!

An 8% increase, with 87% bonus retention for 50% base salary bonus? And that's without all the other perks. The boys club strikes yet again.

All jabs aside (not quite),

Revenue of 255.5m, with an EBITDA of 87.9m (ouch, margins), and a final profit of 16.2m (almost 15% of this is going into the pockets of directors!).

Props to SLR for hitting their targets, perhaps it is deserved, but I don't think they will have another year like this again. Next financial year AISC is projected to be $1350-$1390! That's one hell of a squeeze in the current climate (perhaps this will change? perhaps not). And that is with lower guidance brackets. That AISC needs to come down, big time.

Perhaps I'm being too harsh, but it feels like they are definitely keeping their own interests very, very far ahead of anyone elses.

Expand

Yes, snouts in trough again/still

SLR Price at posting: 51.5¢ Sentiment: Hold Disclosure: Held
6 Upvote

0 Great analysis

Reply

Top Stories

FBR

FBR's robotic home construction tech passes first US early-stage structural compliance check

DUR

Duratec snags $76.5M in works from Woodside and Defence respectively - including spy network upgrade

FRB

Firebird snaffles Environmental Permit for Jinshi plant

GL1

Global Lithium latest hit by lithium downturn; shares fall -10% as Manna DFS paused

SDF

Steadfast Group sees $600M wiped off on resumed trades after Four Corners feature

There are more pages in this discussion • 16 more messages in this thread...

First 3 Last

Add SLR (ASX) to my watchlist