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07/10/24
12:37
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Originally posted by afterlife:
↑ Dividend growth 5% (10.5cps) fully franked is Always welcome , paid from Eps of 20cps 50% pay off . NTA from property Valuation alone is 136m or $ 1.70 per Share Revenue growth of 6.3% Yoy to 321m and Ebitda up 4.7% to 55.9m Debt is up by 9m to 28.5m with gearing at 19% which is very safe against the property valuation. On OUTLOOK : After a period of property development and fleet upgrades, capital expenditure is expected to return to sustaining levels Continue to review increasingly valuable property assets through the cycles to fund value accretive and higher yielding acquisitions Well positioned to capture growth opportunities in a consolidating national freight market following strategic property and fleet investments. Satisfied with the last year SP appreciation catching up with real NTA of Property. Div is fairly high and franked which if consistent puts a floor under SP and provides solid Income for a defensive investment. I would not be surprised to see a sale of valued property to realise gains and reinvest in M&A Activities as indicated on the fragmented transportation market. This to me is a slow and steady may win the race.
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What sort of game is going on here?5pm AEDT 1.95 300 585.00 1 12:28pm AEDT 1.95 300 585.00 2 12:22pm AEDT 1.95 300 585.00 3 12:15pm AEDT 1.95 300 585.00 4 12:09pm AEDT 1.95 300 585.00 5 12:03pm AEDT 1.95 300 585.00 6 11:58am AEDT 1.95 300 585.00 7 11:53am AEDT 1.95 300 585.00 8 11:47am AEDT 1.95 300 585.00 9 11:42am AEDT 1.95 770 1,501.50 10 11:42am AEDT 1.95 303 590.85 11 11:37am AEDT 1.95 300 585.00 12 11:31am AEDT 1.95 306 596.70 13 11:30am AEDT 1.95 399 778.05 14 11:26am AEDT 1.95 300 585.00 15 11:20am AEDT 1.95 300 585.00 16 11:15am AEDT 1.95 302 588.90 17 11:10am AEDT 1.95 302 588.90 18 11:07am AEDT 1.86 3,134 5,829.24 19 11:07am AEDT 1.86 30,766 57,224.76 XT 20 11:05am AEDT 1.86 303 563.58 21 11:00am AEDT 1.86 303 563.58 22 10:55am AEDT 1.86 300 558.00 23 10:50am AEDT 1.86 301 559.86 24 10:45am AEDT 1.86 299 556.14 25 10:40am AEDT 1.86 304 565.44 26 10:36am AEDT 1.86 303 563.58 27 10:32am AEDT 1.86 299 556.14 28 10:27am AEDT 1.86 297 552.42 29 10:22am AEDT 1.86 304 565.44