If this was another time this stock would probably have risen by 15% on that sort of update.
(And from a higher starting point, to begin with)
However, the current Buyers' Strike - which commenced around past 3/4 months ago - means that situations like this present themselves as investment opportunities.
By my reckoning, even if all the cash is considered to be in performance guarantee/bonding lock-up (very conservative, obviously), after today's update the stock is trading on an EV/EBITDA multiple of ~4.5x and - given there is merely modest D&A - EV/EBIT is even more attractive, being around 6.0x.
.
- Forums
- ASX - By Stock
- SXE
- Ann: Market Update
Ann: Market Update, page-9
-
- There are more pages in this discussion • 19 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 SXE (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.89 |
Change
0.040(2.17%) |
Mkt cap ! $487.5M |
Open | High | Low | Value | Volume |
$1.86 | $1.89 | $1.86 | $95.43K | 51.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 2972 | $1.88 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.89 | 13027 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 25076 | 1.840 |
1 | 410 | 1.830 |
1 | 42 | 1.825 |
1 | 10000 | 1.820 |
1 | 415 | 1.805 |
Price($) | Vol. | No. |
---|---|---|
1.850 | 20906 | 1 |
1.860 | 16119 | 1 |
1.870 | 5000 | 1 |
1.880 | 12200 | 3 |
1.890 | 6800 | 2 |
Last trade - 10.10am 14/10/2024 (20 minute delay) ? |
Featured News
SXE (ASX) Chart |