I read the presentation. And I feel really worried at the free cash flow part, which is the most appealing element I invest in AZJ. AZJ spend a lot on the bulk part this year, yet this part has the lower margin. If we minus the "growth capex" part from the already terrible free cash flow. We have a minus free cash flow this half year, while some people may say there are some one-off items there. Considering this "higher for longer" financial environment and slowly lagged CPI-adjusted income, I don't see AZJ's operation can come back in next two years. I just dumped all my holding today.
I read the presentation. And I feel really worried at the free...
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Last
$3.36 |
Change
-0.030(0.88%) |
Mkt cap ! $6.184B | |||
| Open | High | Low | Value | Volume |
| $3.39 | $3.40 | $3.34 | $26.03M | 7.756M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 60787 | $3.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.36 | 80597 | 4 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| AZJ (ASX) Chart |