Everything at or above expectations, except the precautionary write-down of $1.4 million for the remaining (conditional) portion of the Minerals Division sale price. That $1.4 million should be released maybe FY07.
Looking ahead, FY06 revenue forecast at $55 million, and I estimate EBIT margin at 12.5-13%. Thus EBIT, excluding any accounting adjustments, should grow by around 30% over FY05.
After allowing for the Samchem purchase, cash inflow from disposed assets should be over $4 million in the first half, allowing for debt reduction / increased equipment purchase. Absenting another acquisition, this should allow a divvie of 1-1.25c in FY06.
Not something for day traders, but stock with good earnings growth and only fairly moderate risk profile.
angus
- Forums
- ASX - By Stock
- IMD
- annual results in - looks good
annual results in - looks good
-
- There are more pages in this discussion • 4 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 IMD (ASX) to my watchlist
(20min delay)
|
|||||
Last
$2.17 |
Change
-0.050(2.25%) |
Mkt cap ! $1.110B |
Open | High | Low | Value | Volume |
$2.21 | $2.23 | $2.15 | $3.896M | 1.781M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 350 | $2.15 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.18 | 13203 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1080 | 2.140 |
1 | 1080 | 2.130 |
1 | 1080 | 2.120 |
1 | 1080 | 2.110 |
1 | 1080 | 2.100 |
Price($) | Vol. | No. |
---|---|---|
2.180 | 3750 | 1 |
2.240 | 1090 | 1 |
2.250 | 2730 | 2 |
2.260 | 3391 | 2 |
2.270 | 1080 | 1 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
Featured News
IMD (ASX) Chart |