As I have explained previously, the problem is that their dividend, tax and capex payments over the second half are going to exceed their net operating cash flows by up to $30m. Therefore, they will not be able to fund the sort of dividend payments you are all expecting.
I just check the Goldman Sachs report and they are estimating a total year dividend of 22.1c. Given they have already paid out a 21c interim dividend, this equates to a 1.1c final.
The Goldman analysis also has a price target of $5.34 assuming a recovery in the almond price but so far no signs of that happening.
I think this will go under $4 and possibly lower depending on how far their debt blows out.
- Forums
- Charts
- Broker data
As I have explained previously, the problem is that their...
-
- There are more pages in this discussion • 5 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 SHV (ASX) to my watchlist
|
|||||
Last
$3.95 |
Change
0.410(11.6%) |
Mkt cap ! $478.1M |
Open | High | Low | Value | Volume |
$3.65 | $3.96 | $3.65 | $1.359M | 352.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 876 | $3.90 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.96 | 1147 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 876 | 3.900 |
1 | 876 | 3.880 |
1 | 876 | 3.870 |
1 | 876 | 3.850 |
1 | 876 | 3.840 |
Price($) | Vol. | No. |
---|---|---|
3.960 | 1147 | 1 |
3.970 | 5150 | 1 |
3.980 | 500 | 2 |
3.990 | 6434 | 3 |
4.000 | 7126 | 5 |
Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
Featured News
SHV (ASX) Chart |