It might survive the virus. The question is whether it will survive the poor recent record of capital allocation decisions. I can't see how SHI is considered a good investment on the numbers we have seen to date. It has taken up a large chunk of capital and then operated at a loss. I suggest they will have to write down the value of that business. It looks cheap, but that refects the very poor ROE of the company. They could earn alot more if they just stuffed the entire equity into an index fund.
Ann: Half Yearly Report and Accounts, page-32
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Last
$2.20 |
Change
-0.010(0.45%) |
Mkt cap ! $116.6M | |||
| Open | High | Low | Value | Volume |
| $2.25 | $2.25 | $2.20 | $33.43K | 15.15K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | $2.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.24 | 5595 | 1 |
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| Last trade - 15.55pm 24/06/2024 (20 minute delay) ? |
| GOW (ASX) Chart |