well their EBITDA guidance of $15-17m in 24, after having taken up all restructuring and ERP rollout costs, seems to point to the fact that SHM are very reasonable at this point.
great to see a board that accepts there being no expansion opportunities that make sense right now rather than burning up their cash pile - a very disciplined business although not at the sexiest end of the market. To return this cash pile to investors is just a sign of their confidence in the business going forward.
I would also think they will have distribution opportunities brought to them by good manufacturers looking for professional distribution businesses with existing relationships - this may help the get to critical mass in the future.
Bravo Shriro board!
- Forums
- ASX - By Stock
- Ann: Profit Guidance
well their EBITDA guidance of $15-17m in 24, after having taken...
-
- There are more pages in this discussion • 2 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 SHM (ASX) to my watchlist
|
|||||
Last
73.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $70.38M |
Open | High | Low | Value | Volume |
73.0¢ | 73.0¢ | 73.0¢ | $1.287K | 1.763K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 18039 | 73.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
74.5¢ | 2971 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 18039 | 0.730 |
2 | 8457 | 0.725 |
1 | 28000 | 0.720 |
2 | 5399 | 0.715 |
2 | 1410 | 0.710 |
Price($) | Vol. | No. |
---|---|---|
0.745 | 2971 | 1 |
0.755 | 46579 | 2 |
0.760 | 5000 | 1 |
0.765 | 53400 | 2 |
0.790 | 10400 | 1 |
Last trade - 15.58pm 05/07/2024 (20 minute delay) ? |
Featured News
SHM (ASX) Chart |