Picked up the following error in the Year 1 & 2 figures for Stage 1 Paints & Coatings ... referenced the before tax rather than the after-tax figure.
![]()
Year 1 (which is a financial year) will only have around 6 months of production, since commissioning is in H1 of FY2023 (H1 of FY2023 starts 1 July 2022). That means based on my speculative analysis around $15.3M NPAT for Paints & Coatings in FY2023 and then NPAT for Stage 1 Paints & Coatings starts growing from AUD $30.5M in FY2024. The errors would be offset by the accrued losses ( which reduces the tax that needs to be paid ), however don't have an adjustment for this in the valuation model.
Impact is a reduction in my risked valuation from $0.36 to $0.32.
![]()
- Forums
- ASX - By Stock
- Ann: Investor Presentation
Picked up the following error in the Year 1 & 2 figures for...
-
- There are more pages in this discussion • 18 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 ADN (ASX) to my watchlist
|
|||||
Last
1.9¢ |
Change
-0.001(5.00%) |
Mkt cap ! $59.09M |
Open | High | Low | Value | Volume |
2.1¢ | 2.1¢ | 1.9¢ | $1.719K | 85.93K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 2222567 | 1.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.0¢ | 440726 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 99940 | 0.020 |
8 | 2222567 | 0.019 |
14 | 2608974 | 0.018 |
10 | 4569549 | 0.017 |
23 | 4703241 | 0.016 |
Price($) | Vol. | No. |
---|---|---|
0.019 | 1900000 | 3 |
0.020 | 440726 | 1 |
0.021 | 488095 | 3 |
0.022 | 2736835 | 7 |
0.023 | 503017 | 6 |
Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
Featured News
ADN (ASX) Chart |