Bye bye! Patience will be rewarded to those that dont fold on an...

First 8 Last

Share
Profile

Follow
AlexisGTI

1,662 Posts.

131

29/08/24

15:55

Post #: 75438479
Share

Originally posted by grossy66: ↑

Very interesting report indeed. I'm not going to go into too much detail, but I would say the ongoing EBITDA losses and the decline in revenue, especially in high margin areas like capital licenses, are the most concerning aspects. So then despite cost reductions and positive cash flow in H2, the overall financial health of the company is still under pressure.

So therefore a significant portion of the company’s future success hinges on new contracts and the successful execution of existing ones, which worries me to be honest. Especially as I've previously mentioned that new contracts move at the speed of a glacier melting.

Essentially, this ALL comes down to how much I think this company, led by Kate and co. has tthe ability to execute its strategy and successfully look after both costs and gain new contracts.

For transparency purposes, I've decided to part ways with the majority of my ALC holding, though I still hold a position in my super. Luckily in this case I ended up ahead, which I can't say for a lot of others holding this stock long term. It’s a bittersweet decision for me, as I’ve always believed in the potential of the company and its particular product. However, the biggest point to emphasise for me personally is the slow pace of contract movement, especially in the current market where there are numerous other opportunities that seem to be moving at a faster rate and are more reliable. So I do think ALC it will reach its goal eventually, but not in a timeline that justifies keeping XXX money tied up that long.

It's hard to step away from a stock you believe in, but I also learnt a long time ago not to fall in love with it either. I’ll be keeping a close eye on how things develop for the sake of my super, but i hope for the rest of holders it reaches its goals. GLTAH

Expand

Bye bye! Patience will be rewarded to those that dont fold on an already known FY result.

ALC Price at posting: 6.8¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

RNX

Renegade hits best pXRF copper reads yet at Mongoose, part of QLD Cloncurry project

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

C29

C29 Metals wins Kazakhstani uranium drill run green tick, Kazatomprom talks mature

CHR

Charger takes on 100% of Bynoe Lithium Project in NT, looks ahead to drilling

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

There are more pages in this discussion • 34 more messages in this thread...

First 8 Last

Add ALC (ASX) to my watchlist

(20min delay)
Last 5.2¢		Change -0.001(1.89%)		Mkt cap ! $72.51M

Open	High	Low	Value	Volume
5.4¢	5.4¢	5.2¢	$2.861K	55.01K

Buyers (Bids)

No.	Vol.	Price($)
8	827466	5.2¢

Sellers (Offers)

Price($)	Vol.	No.
5.3¢	70000	1

View Market Depth

No.	Vol.	Price($)
8	827466	0.052
5	700000	0.051
7	761500	0.050
1	20000	0.049
2	20430	0.048

Price($)	Vol.	No.
0.053	70000	1
0.054	76968	2
0.055	389414	5
0.056	1080009	2
0.057	61410	2

Last trade - 11.44am 07/11/2024 (20 minute delay)

ALC (ASX) Chart

Bye bye! Patience will be rewarded to those that dont fold on an...

Renegade hits best pXRF copper reads yet at Mongoose, part of QLD Cloncurry project

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

C29 Metals wins Kazakhstani uranium drill run green tick, Kazatomprom talks mature

Charger takes on 100% of Bynoe Lithium Project in NT, looks ahead to drilling

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Bye bye! Patience will be rewarded to those that dont fold on an...

Top Stories

Renegade hits best pXRF copper reads yet at Mongoose, part of QLD Cloncurry project

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

C29 Metals wins Kazakhstani uranium drill run green tick, Kazatomprom talks mature

Charger takes on 100% of Bynoe Lithium Project in NT, looks ahead to drilling

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News