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$37.19 arb corporation limited.

The market's gob is not smacked. Pre priced it long ago.

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vic_wattle

3,480 Posts.

98

15/07/21

11:14

Post #: 54519833
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Originally posted by madamswer ↑

It's a simply freakish result - as if the first-half result wasn't outrageous enough (PBT up 81% on pcp), the second half is simply nuts (up 121% on pcp) [All figures normalised and exclude Covid-related government subsidies]

Here's some graphical context to show just how bananas the past 12 months have been for this business:

View attachment 3368915

The sheer scale of the increase in profitability over the past 12 months is difficult to fathom, with Revenue growth of 34% combined with a Pre-Tax Profit Margin jumping to 22%, almost a full 500bps higher than the average of the 5 years preceding the onset of Covid.

The devil is obviously in the detail, so I can't wait to examine the full set of audited financial statements in a few weeks'time, because for the life of me, I can't comprehend how they achieved what they did.

My gob is seldom this smacked.

.

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The market's gob is not smacked. Pre priced it long ago.

ARB Price at posting: $44.31 Sentiment: None Disclosure: Not Held
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(20min delay)
Last $37.19		Change -0.400(1.06%)		Mkt cap ! $3.052B

Open	High	Low	Value	Volume
$38.09	$38.10	$36.98	$1.975M	53.08K

Buyers (Bids)

No.	Vol.	Price($)
5	73	$37.18

Sellers (Offers)

Price($)	Vol.	No.
$37.20	141	7

View Market Depth

No.	Vol.	Price($)
5	73	37.180
6	208	37.170
6	1243	37.160
6	230	37.150
7	388	37.140

Price($)	Vol.	No.
37.200	141	7
37.210	82	3
37.220	152	6
37.230	186	4
37.240	95	2

Last trade - 14.08pm 22/05/2024 (20 minute delay)


Last $37.17			Change -0.400 ( 0.98 %)
Open	High		Low	Volume
$38.04	$38.04		$36.98	5699
Last updated 14.27pm 22/05/2024 ?

ARB (ASX) Chart

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