As expected, fantastic results by Veem.
On track for EBITDA of $14m and $7m NPAT.
Strong increase in the interim dividend as well.
In reality the business is strong, with great opportunities across every division
- Gyro sales on hand look good too and the commentary about market interest was interesting. I think margins are improving significantly here too with the Strategic Marine being the anchor order that we need to make this division humm!
- Propulsion continues to be strong, but will really dominate once the Sharrow by Veem sales kick in
- Engineering just keeps ticking away with Hollow Bar growth
- Defence is a solid performer and the opportunities in front of Veem are only getting bigger!
My main concern is still a takeover if the founders are looking for an exit for their holding.
- Forums
- ASX - By Stock
- Ann: VEEM Reports Strong Profit Growth for 1HFY24
As expected, fantastic results by Veem. On track for EBITDA of...
-
- There are more pages in this discussion • 35 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 VEE (ASX) to my watchlist
|
|||||
Last
$1.73 |
Change
-0.010(0.57%) |
Mkt cap ! $234.8M |
Open | High | Low | Value | Volume |
$1.74 | $1.74 | $1.70 | $106.3K | 61.88K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1490 | $1.73 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.74 | 3000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1490 | 1.730 |
1 | 60 | 1.720 |
1 | 3913 | 1.700 |
1 | 5000 | 1.640 |
1 | 3900 | 1.615 |
Price($) | Vol. | No. |
---|---|---|
1.740 | 3000 | 2 |
1.755 | 8916 | 1 |
1.760 | 2893 | 1 |
1.770 | 20000 | 1 |
1.775 | 453 | 1 |
Last trade - 16.10pm 08/07/2024 (20 minute delay) ? |
Featured News
VEE (ASX) Chart |