Following this "upgrade" Bell Potter have maintained their Buy recommendation with a 12 month price target of $5.85(net profit $46.8 EPS 37.8). The market disagreed, I think because of the fall in inbound tourism to Australia(9.7%) and perhaps that the remaining 3 quarters of EBITDA are not forecast to match the first quarter. I see it differently and think that it is very positive that the business is increasing its profitability despite these apparent headwinds. Like to hear from others please …..positive and negative.
Thank you Crookers
Ann: Q1 Trading Update and increase in Earnings Guidance, page-2
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Last
$2.24 |
Change
-0.010(0.44%) |
Mkt cap ! $360.5M | |||
| Open | High | Low | Value | Volume |
| $2.21 | $2.24 | $2.20 | $236.0K | 106.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 16818 | $2.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.24 | 1642 | 1 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| HLO (ASX) Chart |