Great analysis.
I think the strength of the Thai Baht has surprised a lot of people, so maybe there was not as much hedging by the management team. I spend a reasonable amount of time in Thailand and know that the strength of the Baht is effecting the economy - the past 9 months or so has made it at least 10% more expensive for Australian, plus it is effecting travellers from the UK, Europe and the USA (but especially so with the AUD). Also remember that ARB have recently increased their production facility and warehouse in Thailand and that the vast majority of revenue is from Australian sales.
I don't think this is anything to be too concerned about, but I am looking forward to seeing the full H1 result.
- Forums
- ASX - By Stock
- ARB
- Ann: Market Update
Ann: Market Update, page-10
-
- There are more pages in this discussion • 22 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 ARB (ASX) to my watchlist
|
|||||
Last
$41.92 |
Change
0.320(0.77%) |
Mkt cap ! $3.451B |
Open | High | Low | Value | Volume |
$41.99 | $42.01 | $41.31 | $4.042M | 96.74K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 424 | $41.66 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$41.92 | 377 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 424 | 41.660 |
2 | 424 | 41.610 |
2 | 1254 | 41.580 |
2 | 200 | 41.570 |
1 | 424 | 41.560 |
Price($) | Vol. | No. |
---|---|---|
41.920 | 377 | 1 |
41.930 | 424 | 1 |
41.980 | 520 | 2 |
42.000 | 163 | 1 |
42.030 | 424 | 1 |
Last trade - 16.10pm 22/08/2024 (20 minute delay) ? |
Featured News
ARB (ASX) Chart |
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
SPONSORED BY The Market Online