SLC 2.03% $1.45 superloop limited

Ann: Superloop Completes Network Builds and Updates FY20 Guidance, page-13

  1. 407 Posts.
    lightbulb Created with Sketch. 101
    Guys don't mean to rain on anyone's parade, but not sure you its game on (long) just yet.

    can be sure as hell of two things in the pipeline:
    1) big writedowns at full year results (has anyone done the maths on goodwill proportion of net assets? There's a reason NTA is only 45c.
    2) stay tuned for the class action. While Superloo trumpeted 100% growth in Ebitda for FY20, this is only 50% of the FY20 guidance they raised capital on just 6 months back. If you think the ambulance chasers will let that pass unchallenged...

    Undoubtedly quality assets, but with considerable debt and goodwill, and rapidly sobering growth forecasts, current versus past share price is not a good predictor of "value".

    Agree there will come a go long in a healthy way, but not sure you guys aren't poping the champagne a little prematurely at this point. Earning shocks of this magnitude rarely pass so quickly. Don't bet the house just yet, the wild ride could continue for a little while yet...
 
watchlist Created with Sketch. Add SLC (ASX) to my watchlist
(20min delay)
Last
$1.45
Change
-0.030(2.03%)
Mkt cap ! $724.0M
Open High Low Value Volume
$1.46 $1.47 $1.44 $365.8K 252.0K

Buyers (Bids)

No. Vol. Price($)
1 12885 $1.45
 

Sellers (Offers)

Price($) Vol. No.
$1.46 20611 2
View Market Depth
Last trade - 16.10pm 19/07/2024 (20 minute delay) ?
SLC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.