edshan, i will look at your numbers later but a quick perusal of the report I came to an entirely different conclusion.
I can see they sold about 40% more this half than previous so your shipping costs doubling is way off . Shipping costs have gone up I agree but not double , this is why they are shipping 30k lots vs 10 and 20k. Furthermore if you look at realised price and recognize last half was the lowest from a realised pricing point of view for the last 2 years and the comparative period had some of the higher AUd impact on realised prices, last half was low due to combination of lower. Zr price and higher AUD . Both have completely reversed . AUD now 71 vs 78 for last quarter and we know what TI and zR are doing . Moreover the costs of production ( not yet sold ) which was 1/3 of last quarters production also significantly skews the profit figures . You can’t simply make a claim theY are much less profitable without taking inventory build into account and you really need to look at current position plus outlook i know your comment on inventory , but by recognise it in terms of real underlying operational profitability is important. It’s the same way we shouldnt extrapolate the profit in a quarter they make 110k sales for example.
Even if I totally minus your creditors figure ( 13m) and say cash and inventory is 72 Net not 85m . An amazing starting point for a EV of 110 and cash flow of circa 80m
- Forums
- ASX - By Stock
- IMA
- Ann: Half Year Accounts
Ann: Half Year Accounts, page-3
-
- There are more pages in this discussion • 52 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add IMA (ASX) to my watchlist
(20min delay)
|
|||||
Last
6.3¢ |
Change
0.001(1.61%) |
Mkt cap ! $70.69M |
Open | High | Low | Value | Volume |
6.3¢ | 6.4¢ | 6.3¢ | $2.187K | 34.62K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 17160 | 6.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.5¢ | 73578 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 17160 | 0.063 |
2 | 32308 | 0.062 |
3 | 124577 | 0.061 |
3 | 260729 | 0.060 |
1 | 30000 | 0.058 |
Price($) | Vol. | No. |
---|---|---|
0.065 | 73578 | 1 |
0.069 | 30000 | 1 |
0.072 | 483786 | 1 |
0.075 | 40000 | 1 |
0.090 | 9959 | 2 |
Last trade - 15.58pm 13/09/2024 (20 minute delay) ? |
Featured News
IMA (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online