You’re quite correct in you're analysis and conclusions. What I note, in addition, is the company has retained a lot of profits and cash balances have built up and the business has very low gearing. Gives them a lot of flexibility in these uncertain times.
They could easily reverse the trend in ROE and bump it up a few notches simply by paying out a special dividend, but at the moment I’m not a supporter of this as a 20% ROE on a quality business like this in the current market is a rarity.
- Forums
- ASX - By Stock
- Ann: Half Yearly Report and Accounts
You’re quite correct in you're analysis and conclusions. What I...
-
- There are more pages in this discussion • 4 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 ARB (ASX) to my watchlist
|
|||||
Last
$37.81 |
Change
-0.830(2.15%) |
Mkt cap ! $3.147B |
Open | High | Low | Value | Volume |
$38.35 | $38.72 | $37.68 | $1.716M | 45.08K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 166 | $37.79 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$37.83 | 949 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 166 | 37.790 |
2 | 68 | 37.780 |
7 | 258 | 37.770 |
7 | 155 | 37.760 |
7 | 288 | 37.750 |
Price($) | Vol. | No. |
---|---|---|
37.830 | 953 | 13 |
37.840 | 50 | 1 |
37.850 | 117 | 4 |
37.860 | 187 | 3 |
37.870 | 133 | 3 |
Last trade - 12.17pm 19/06/2024 (20 minute delay) ? |
Featured News
ARB (ASX) Chart |
The Watchlist
P.HOTC
HotCopper
Don Currie, CEO
Don Currie
CEO
Previous Video
Next Video
SPONSORED BY The Market Online