So many reasons to own this stock ...
- huge earnings momentum given electricity prices (an upgrade, and typically there are more)
- FY24 guidance is a strong signal from management and c15% above consensus
- short covering underway
- Board issues appear to have resolved themselves
- renewables funding pathway well explained at strategy day (not as bad as many envisaged which is positive for sentiment)
- and of the capex, I don't think people get that AGL's capex will be skewed towards "firming" which should achieve a much better IRR (they're leaving the 6% stuff to the super funds, and so they should)
- and the earnings multiples are low
Risk always that they have generation problems ...
But this feels as strong as 10 men ... IMO DYOR GLTAH
Ann: Investor Day, FY23 & FY24 guidance and dividend policy, page-19
Add AGL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$11.58 |
Change
-0.160(1.36%) |
Mkt cap ! $7.790B | |||
| Open | High | Low | Value | Volume |
| $11.78 | $11.80 | $11.55 | $30.96M | 2.658M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2020 | $11.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.58 | 5031 | 1 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| AGL (ASX) Chart |