Management already provided guidance on the 21st of Feb and there is no requirement for any updates unless the business to deliver a result materially different to that guidance (be it up or down)
FY24 results will be released on the 21st of August and perhaps Jamie may provide an update in July (I imagine it must be quite frustrating for him to sit on the sidelines, but that original over confidant guidance is why the share price is where it currently stands and hopefully the number crunchers are holding him back to make sure that he does not make such inflated projections again)
If they deliver EBITDA of ~220m which based on 1H24 would mean NPAT of ~110m and EPS of ~75c which means that at $15 it is trading at a PE of 20 times.
The other challenge that Jamie has also thrown in front of the company is the 15% EBITDA growth over the next 5 years.......I suspect if there is no major reaction by institutional investors in Aug, then we will have to wait until ~Feb25 for the market to gain confidence that CTD can deliver (and they are going to have to continue to execute and grow into the lofty aspiration Jamie has
Management already provided guidance on the 21st of Feb and...
Add CTD (ASX) to my watchlist
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Last
$13.41 |
Change
0.200(1.51%) |
Mkt cap ! $1.962B | |||
| Open | High | Low | Value | Volume |
| $13.43 | $13.75 | $13.18 | $11.78M | 878.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 795 | $13.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.43 | 1679 | 2 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$13.37 |
Change
0.200 ( 1.00 %) |
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| Open | High | Low | Volume | ||
| $13.41 | $13.75 | $13.18 | 141496 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| CTD (ASX) Chart |