Really curious to see the results tomorrow.
My 2 main questions :
- pricing impact during H2 21 ?
- level of confidence for FY 22 ?
1/ Pricing impact for H2 21
During H1 21, Capral had an increase of around 10 m for its trading EBITDA vs H1 20.
Only 1.5 m of this improvement came from pricing/mix effect (rest mainly came from volume and operating leverage).
During H2 21, I expect a higher impact from pricing/mix effect, at least to pass the increase of aluminium prices.
3 elements were expected to support price increase :
- Capral is now working at full capacity,
- strong market conditions overall for building materials,
- less competition from imports.
2/ Level of confidence for FY 22
In its December 21 release, Capral was still optimistic for H1 22, despite a cautious estimate for residential construction (cf their H1 2021 presentation).
Their dividend 21 (to be announced tomorrow) will probably be a good indication for their expectation of recurring profit going forward.
Also interesting to know if they will indicate any further cash utilization (they had 33.8 m of net cash at the end of H1 FY 21).
- Forums
- ASX - By Stock
- Ann: FY21 Results and Conference Call
Really curious to see the results tomorrow.My 2 main questions...
Featured News
Add CAA (ASX) to my watchlist
|
|||||
Last
$8.60 |
Change
-0.360(4.02%) |
Mkt cap ! $149.1M |
Open | High | Low | Value | Volume |
$8.97 | $8.97 | $8.53 | $85.67K | 9.775K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 40 | $8.52 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.68 | 11 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 40 | 8.520 |
2 | 3534 | 8.510 |
2 | 12500 | 8.500 |
2 | 240 | 8.340 |
1 | 1000 | 8.060 |
Price($) | Vol. | No. |
---|---|---|
8.680 | 11 | 1 |
9.050 | 74 | 1 |
9.080 | 1432 | 2 |
9.250 | 110 | 2 |
9.300 | 965 | 1 |
Last trade - 15.58pm 20/08/2024 (20 minute delay) ? |
Featured News
CAA (ASX) Chart |
The Watchlist
CC9
CHARIOT CORPORATION LTD
MD - Shanthar Pathmanathan, Geologist - David Trabert
MD - Shanthar Pathmanathan
Geologist - David Trabert
SPONSORED BY The Market Online