On checking the 10M cash claim; im
tending to agree this is about right/reasonable for FY25 and on balance, with a $65 per pearl assumption. I’d perhaps add that free cash flow will likely be around 9M to account for investment into the new farm.
This places the stock on a 10-15pc yield outlook, which I also agree with. It’ll be interesting if Atlas engages/employs a good jewellery team to design desirable pieces. This might open a larger retail
segment. on a whole ATP is cheap on traditional
measures.
Somebody mentioned costs are largely fixed; but I’m not so sure on this. Even wages aren’t so fixed in Indonesia - labour laws aren’t as strong as here.
Ann: Update - Kobe Auction June 2024, page-19
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ATP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
10.5¢ |
Change
0.005(5.00%) |
Mkt cap ! $45.84M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.0¢ | $13.82K | 131.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 97084 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 81500 | 3 |
View Market Depth
| Last trade - 15.22pm 22/08/2024 (20 minute delay) ? |
| ATP (ASX) Chart |