Yes you certainly got that one right. I didn't, although I refrained from going "all in"
Having spent a bit more time digesting the result, I am probably a little less disappointed than I was initially. It looks as though their costs were a little bloated following the recent acquisitions, and they have used this quiet period to reduce headcount and increase automation. A rebound in demand, combined with a reduction in costs, should make the numbers next half look quite a bit better. As they say in the release it will "largely rely on our ability to execute operationally".
I'm guessing that there won't be any new acquisitions for a while. Good opportunity for management to continue sorting out the existing businesses.
I still believe that the medium - long term prospects for TRJ are likely to be good. It is still cheap (and likely to get cheaper in the short term). The investment case is not broken
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Yes you certainly got that one right. I didn't, although I...
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Last
$1.00 |
Change
0.000(0.00%) |
Mkt cap ! $147.6M |
Open | High | Low | Value | Volume |
$1.00 | $1.01 | 88.5¢ | $205.0K | 209.9K |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 23368 | $1.00 |
Sellers (Offers)
Price($) | Vol. | No. |
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$1.01 | 5631 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 23368 | 1.000 |
1 | 500 | 0.900 |
1 | 180 | 0.885 |
1 | 700 | 0.880 |
1 | 20000 | 0.850 |
Price($) | Vol. | No. |
---|---|---|
1.010 | 5631 | 2 |
1.020 | 1399 | 1 |
1.030 | 25000 | 1 |
1.040 | 131 | 1 |
1.080 | 299 | 1 |
Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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Last
88.5¢ |
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Change
0.000 ( 11.9 %) |
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Open | High | Low | Volume | ||
$1.00 | $1.01 | 88.5¢ | 27708 | ||
Last updated 15.59pm 21/05/2024 ? |
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