No change in EBITDA forecast this year despite a rise in revenue of 7.6% to $500 million. Nice running yield with plenty of franking credits available.
I suspect this is conservative as they have $77 million in cash and are actively looking for new acquisitions. They could certainly expand in Victoria.
The growth this year may come from add ons, though unless they are soon the main impact would be in FY25.
I will buy on any weakness.
Ann: Investor Presentation - FY23 Results, page-8
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Last
$1.70 |
Change
-0.015(0.88%) |
Mkt cap ! $446.1M | |||
| Open | High | Low | Value | Volume |
| $1.72 | $1.72 | $1.67 | $484.6K | 286.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 11774 | $1.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.72 | 2732 | 1 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| SXE (ASX) Chart |