Certainly not good news but also it doesn't feel catastrophic.
There seems to be a number of positive initiatives that management is undertaking.
Some positives "The Refrigerated Logistics division is delivering an improved performance following the recenttransformation program and the business has a strong business development pipeline. H2 performance in RL will be a substantial improvement over pcp and that will also add to Groupearnings momentum."
If the Refrigerated Division performs then it will be more saleable
NPAT at say $57.5m on a mkt cap of $605m is a PE of 10.5 so if things at least stabilise from here then the value is OK
- Forums
- ASX - By Stock
- AHG
- Ann: Trading Update Ahead of 2018 AGM
Ann: Trading Update Ahead of 2018 AGM, page-2
-
-
- There are more pages in this discussion • 10 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 AHG (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online