Icompletely agree they could improve communications.
Some things I picked up in recent announcements. Correct me if I am wrong..
FY23 Started with $86M contracted, $58M from FY22 carry over and $28M fromFY23. This turned into $304M revenue which was soured by the IBO project. Theycommunicated this really badly by suggesting they had no idea until the day ofthe report..
15th August 2023 they announced $105M Simpec Contract to be completed byFY24.
31st August 2023 in Preliminary finals they announced FY24 Contractedrevenue was circa $155M
9th November 2023 they announced $47M contract for Alltype to be completed byend of CY24.
They also announced they expect Allytpe to realise revenues in excess of $100Min FY24
Based on this I have projected out a conservative 2HFY24 of $73M for Simpecand $61M for Alltype. This gives a total revenue for FY24 of circa $246M.
Now, if you include some further assumptions around GP, EBIT Marginsetc, you get a FY24 earnings of circa $6.4M, or EPS of 5.8c, which with aconservative PE of 5 even = 29 cents per share.
Sure, there are a lot of assumptions, but the values used are aligned withhistorical averages (when considering IBO as an outlier, which @ aglance, looks like around 4.5%-5% blowout, or about $6.5-7M), andtherefore completely plausible in lieu of any other information.
- Forums
- ASX - By Stock
- WSI
- Ann: Half Yearly Accounts
Ann: Half Yearly Accounts, page-28
-
- There are more pages in this discussion • 39 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 WSI (ASX) to my watchlist
(20min delay)
|
|||||
Last
13.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.30M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 151456 | 13.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.5¢ | 150000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 151456 | 0.130 |
2 | 210000 | 0.125 |
2 | 94000 | 0.120 |
1 | 8695 | 0.115 |
1 | 30000 | 0.110 |
Price($) | Vol. | No. |
---|---|---|
0.135 | 150000 | 1 |
0.140 | 255479 | 5 |
0.145 | 134500 | 4 |
0.150 | 50000 | 1 |
0.160 | 100000 | 1 |
Last trade - 10.09am 27/06/2024 (20 minute delay) ? |
Featured News
WSI (ASX) Chart |
Day chart unavailable