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

RPM

Click for more information

0.00%

7.1¢ rpm automotive group limited

Ann: FY23 Results Announcement, page-24

First 24 Last

Share
Profile

Follow
kipper57

6,868 Posts.

606

19/11/23

17:13

Post #: 70985234
Share

Originally posted by GKeden: ↑

Hello. Unnecessarily negative posts are not helpful, particularly if you are connected to vendors who sold their businesses to RPM too cheap and are currently making a loss with the shares they received as consideration.

Today's report is an excellent report. The underlying NPAT was $3.8M.

If I was running the company, I would have made the $3.8M underlying profit the headline announcement.

Its a great result. As I posted:

* Underlying Earnings per Share (EPS) 2.17cps, up 4.6%
* Net cash flow from continuing operations $889,394, up $3.7M
* One-off non-recurring cash costs of $1.84M
* One-off non-recurring non-cash cost of $1.01M

A company that earns 2 cents EPS should be valued at least at 20 cents per share, which is a PE ratio of 10.

Expand

Kind of jiggling the books there, I doubt that be legal unless included side by side the NPAT and not the underlying on its own but thanks for bringing that to my attention

RPM Price at posting: 9.2¢ Sentiment: None Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

Essential Energy conference: Streamlining approvals key to the green energy transition

EXR

Essential Energy conference: Elixir talks up unlocking QLD's Taroom Trough

HVN

Harvey Norman clocks subdued gains as Echo Law's junk warranty class action kicks off

BPM

BPM Minerals hits high-grade gold at the Claw Project WA; shares jump 86%

88E

HotCopper users smell capital raising as 88 Energy says "significant update" at Phoenix

There are more pages in this discussion • 1 more message in this thread...

First 24 Last

Add RPM (ASX) to my watchlist

(20min delay)
Last 7.1¢		Change 0.000(0.00%)		Mkt cap ! $17.91M

Open	High	Low	Value	Volume
7.2¢	7.2¢	7.1¢	$4.601K	64.79K

Buyers (Bids)

No.	Vol.	Price($)
1	150000	6.8¢

Sellers (Offers)

Price($)	Vol.	No.
7.3¢	49972	1

View Market Depth

No.	Vol.	Price($)
1	150000	0.068
1	14925	0.067
1	100000	0.066
1	121212	0.065
3	230000	0.064

Price($)	Vol.	No.
0.073	49972	1
0.074	145005	1
0.075	342722	3
0.076	275874	1
0.077	30000	1

Last trade - 13.19pm 18/09/2024 (20 minute delay)

RPM (ASX) Chart