"Results down about $2.5m which is well within guidance previously given ($3m down from PCP) As usual I would expect an overreaction from the market and a drop in SP. Could be a buying opportunity given the outlook stated in the report."
Not sure why you think the stock will be down on this result.
Guidance at the AGM was for DH2022 to be similar to JH2022.
JH2022 NPAT was $4.3m; this result was $4.52m.
So they came in ahead of their internal expectations of 2 months earlier.
And based on guidance for JH2023, -i.e., "similar to DH2022" - the stock is trading on a P/E of around 10x.
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"Results down about $2.5m which is well within guidance...
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Last
$9.01 |
Change
0.020(0.22%) |
Mkt cap ! $105.2M | |||
| Open | High | Low | Value | Volume |
| $9.01 | $9.01 | $9.01 | $7.019K | 779 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2095 | $8.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.01 | 98 | 1 |
View Market Depth
| Last trade - 11.15am 24/05/2024 (20 minute delay) ? |
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Last
$9.00 |
Change
0.020 ( 0.33 %) |
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| Open | High | Low | Volume | ||
| $9.00 | $9.00 | $9.00 | 22 | ||
| Last updated 11.15am 24/05/2024 ? | |||||
| KOV (ASX) Chart |