Ann: Year End Results Announcement, page-8

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fdKen

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22/10/21

11:17

Post #: 56994911
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Originally posted by marcus A: ↑

Hi fdKen,

I sold out of my remaining position in EVT back in August after holding for over a decade, probably in reaction to my annual ski trip to Thredbo being canned for the second season in a row!

I'm mystified that the shareprice still appears to be defying reality, closing in on the Dec 2015 all time highs of $16+, despite COVID slamming all their business divisions and the uncertain short term future. EVT FY 2016 results were close to all time peaks with revenues @ $7.82 cps, cashflows $1.31cps, earnings 78 cps & divis 51 cps. Latest forecast on Commsec for EVT 22FY is earnings of $0.009 cps, breakeven basically.... Scope for a takeover you ask? very tightly held by the Rydges clan with big cross holdings between EVT & CIN making that all but impossible.

I do like the company in the longer term and will keep an eye on the shareprice coming back to reality but at these prices it just don't make sense to me.

DYOR & GLTAH!

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Just before I read this I sold 1500 of my remaining 2000 shares.

I have made nice profit of about 25% over the 2 years.

I can't put my finger on the strength, obviously I don't understand the company enough.

I am keeping 500 for the shareholders benefit and will keep an eye on it.

EVT Price at posting: $16.06 Sentiment: None Disclosure: Held
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(20min delay)
Last $16.30		Change -0.090(0.55%)		Mkt cap ! $2.651B

Open	High	Low	Value	Volume
$16.50	$16.50	$16.16	$584.0K	35.87K

Buyers (Bids)

No.	Vol.	Price($)
5	171	$16.28

Sellers (Offers)

Price($)	Vol.	No.
$16.30	19273	10

View Market Depth

No.	Vol.	Price($)
9	271	16.310
3	108	16.300
2	265	16.290
5	324	16.280
4	280	16.270

Price($)	Vol.	No.
16.330	123	4
16.340	1034	7
16.350	2641	8
16.360	744	5
16.370	497	6

Last trade - 11.53am 17/06/2025 (20 minute delay)

EVT (ASX) Chart

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