PRN perenti limited

2.22%

$1.77

I am not sure you are correct there not that I am an expert on...

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kipper57

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11/12/23

15:06

Post #: 71386264
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Originally posted by DefinedBenefit0: ↑

Nuh- sloppy- I got it wrong- lazy and based on a quick look.

Capex is not the issue here- though it will always be an issue.

The issue today is EBIT(A), though DDH gave EBITD(A) previously.

The quoted August guidance from PRN and DDH combined EBIT(A) and EBITDA was $383m-$405m. Guidance now is $310m-$325m. Albeit that DDH used the EBITDA metric- no idea what the difference might be there.

What I do know is that there is a thing called a 'Post Earnings Announcement Drift (PEAD)- that is- that after an earnings announcement the effect on an SP can last for a few months. This means that even if there is a rally of sorts today or in coming days- the announcement may prevail for a while yet.

Something like that.

I may buy back in- but maybe not yet.

Never love a stock. Saying that- I have a lot of respect for the management of stocks in this sector- they do a fantastic job given the ever-present headwinds and they appear to learn from setbacks and position themselves well for all scenarios.

Good luck to all holders.

IMHO DYOR

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I am not sure you are correct there not that I am an expert on these things

PRN Price at posting: $1.04 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $1.77		Change -0.040(2.22%)		Mkt cap ! $1.638B

Open	High	Low	Value	Volume
$1.79	$1.79	$1.74	$2.039M	1.156M

Buyers (Bids)

No.	Vol.	Price($)
1	30000	$1.76

Sellers (Offers)

Price($)	Vol.	No.
$1.78	4132	2

View Market Depth

No.	Vol.	Price($)
1	30000	1.760
2	1274	1.750
1	8000	1.740
1	578	1.730
1	200	1.705

Price($)	Vol.	No.
1.780	15000	1
1.800	692	1
1.805	15307	2
1.810	7447	1
1.820	14273	3

Last trade - 16.10pm 25/07/2025 (20 minute delay)

PRN (ASX) Chart

I am not sure you are correct there not that I am an expert on...

St George banks $5M from placement to ramp up Araxá Rare Earths Project

Renascor produces graphite concentrate at Siviour, right on time to meet ex-China demand

Most investors will get this earnings season wrong. Will you?

What is going on here? Watch out for DroneShield, Pure Hydrogen, and Nel ASA

Friday's HotCopper trends: Renascor concentrate, Larvotto raise | July 25

ASX Market Close: Fading miners drag bourse as iron ore price slumps | July 25

Rokeby, BHM, more: The 10 hot stocks HotCopper users watchlisted in Week 30

Firetail scoops up untested land around Excelsior – including juicy mineralisation target

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Astute delivers high-grade lithium hits at Red Mountain

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I am not sure you are correct there not that I am an expert on...

Top Stories

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Renascor produces graphite concentrate at Siviour, right on time to meet ex-China demand

Most investors will get this earnings season wrong. Will you?

What is going on here? Watch out for DroneShield, Pure Hydrogen, and Nel ASA

Friday's HotCopper trends: Renascor concentrate, Larvotto raise | July 25

ASX Market Close: Fading miners drag bourse as iron ore price slumps | July 25

Rokeby, BHM, more: The 10 hot stocks HotCopper users watchlisted in Week 30

Firetail scoops up untested land around Excelsior – including juicy mineralisation target

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

Astute delivers high-grade lithium hits at Red Mountain

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News