SVR 3.00% $1.30 solvar limited

ive been watching this one for a 10 months or so and my...

  1. 9,821 Posts.
    lightbulb Created with Sketch. 3497
    ive been watching this one for a 10 months or so and my suspicion is that bad debts will be up because they bought that other business - which would have to be pruned to get to a preferred client base

    so id expect bad debts will be up in the short term but earnings would likewise increase - as they run off the clients they elect to discontinue.

    looks good buying if they hit the $9M NPAT. Even $8M would be acceptable at current stock price.

    \bought some yest and a bit more today.

    ive got it on accumulate around $1 but watch this space for fy14 full year results.
 
watchlist Created with Sketch. Add SVR (ASX) to my watchlist
(20min delay)
Last
$1.30
Change
-0.040(3.00%)
Mkt cap ! $265.2M
Open High Low Value Volume
$1.35 $1.35 $1.28 $88.11K 68.05K

Buyers (Bids)

No. Vol. Price($)
1 7018 $1.29
 

Sellers (Offers)

Price($) Vol. No.
$1.32 3751 1
View Market Depth
Last trade - 16.10pm 13/11/2024 (20 minute delay) ?
SVR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.