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i look at things very differently. They just announced $12m...

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pianopiano

439 Posts.

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30/01/24

10:22

Post #: 72128265
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Originally posted by SteveSage: ↑

right at the bottom range of guidance

hard to see how they get to 36m for FY24 given only 14m in 1H24......another 22m to go:
- Access seems like a hope for dormakaba to restock (and even 1Q24 was only ~3m on a new product)
- Illuminate seems to be ~3m for each 6 mths

So even if we assume the above generates ~5m for 2H, we need another $17m from detect and that seems like a pretty huge mountain to climb.......some hard questions need to be asked of mgmt at the 1H24 results including around their quite ludicrous capital mgmt /dividend policy......i.e. you cannot pay dividends if you don't generate profits AND cashflow

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i look at things very differently. They just announced $12m order intake instead of $10m which they estimated not long ago which was already a record. They may be end up 6 months plus late on their guidance but that's not the end of the world.

this is an extremely impressive story.

AVA Price at posting: 16.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 12.8¢		Change 0.000(0.00%)		Mkt cap ! $36.92M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
13	933428	12.5¢

Sellers (Offers)

Price($)	Vol.	No.
13.0¢	181910	7

View Market Depth

No.	Vol.	Price($)
13	933428	0.125
14	359514	0.120
2	60000	0.115
3	21899	0.110
2	38580	0.105

Price($)	Vol.	No.
0.130	181910	7
0.135	38376	6
0.140	268946	5
0.145	2636	1
0.150	255533	4

Last trade - 11.09am 17/05/2024 (20 minute delay)

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