Not taking the mickey , but it seems the "glass haf epmty" folk won the the battle.
The redeeming aspect of this report is that Gross Profit Margin stayed above 50% ( down slightly from the historical average of 53-54% to 51.5%)
I consider >50% GPM an elite number in industrial outfits.....it literally translates to pricing power.
The killer was the significant increase in operating costs ( Admin, employment, R&D, Interest & "other expenses".....Add a higher tax rate to make matters worse.
I guess we have to "Linger Bit Longer" to find out if these expenses will produce the required results.
-------------
Some posters mentioned XRF which I held for quite a few years & is a great small cap.
XRF is now 3x bigger than LBL. Revenues up 8% to $60m (Not too far from LBL if we consolidate Gateway revenues)
It managed to lift GPM to 44% (up from 41%) with only a modest increase in operating expenses which resulted in hefty increse in EPS of 15%
XRF pricing power is not as mighty as LBL, but the market always likes the bottom line.
- Forums
- ASX - By Stock
- Ann: Update - Dividend/Distribution - LBL
Not taking the mickey , but it seems the "glass haf epmty" folk...
-
- There are more pages in this discussion • 20 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 LBL (ASX) to my watchlist
(20min delay)
|
|||||
Last
60.0¢ |
Change
-0.005(0.83%) |
Mkt cap ! $70.33M |
Open | High | Low | Value | Volume |
60.0¢ | 60.0¢ | 59.0¢ | $94.79K | 158.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 4294 | 59.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
61.5¢ | 1595 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 4294 | 0.590 |
2 | 3333 | 0.580 |
3 | 3550 | 0.575 |
8 | 55851 | 0.570 |
1 | 1060 | 0.565 |
Price($) | Vol. | No. |
---|---|---|
0.615 | 1595 | 1 |
0.620 | 34712 | 1 |
0.630 | 15000 | 1 |
0.640 | 6663 | 2 |
0.645 | 4056 | 1 |
Last trade - 15.53pm 03/10/2024 (20 minute delay) ? |
Featured News
LBL (ASX) Chart |