CSX 0.00% 31.0¢ cleanspace holdings limited

Another 52-week low. Ouch. Market must not be expecting a good...

  1. 148 Posts.
    lightbulb Created with Sketch. 32

    Another 52-week low. Ouch. Market must not be expecting a good H1 FY22 result?

    The only indication of sales / outlook that I recall did seem to be pretty cautionary, with reference to volatility, “oversupply” of cheap PPE, and “customers experiencing business challenges”. They also note:
    “Although we have seen improved monthly sales year to date FY22 as against Q4FY21, the business is subject to month to month volatility.
    Further, it may take some time for more regular and predictable growth patterns to emerge given increasing infections in our major target markets and customer supply chain congestion.”

    Personally I like their cash position vs MC, recent board refresh, and margins & earnings potential. Just waiting on the right time to increase holdings (change in sentiment?).

 
watchlist Created with Sketch. Add CSX (ASX) to my watchlist
(20min delay)
Last
31.0¢
Change
0.000(0.00%)
Mkt cap ! $23.97M
Open High Low Value Volume
31.0¢ 31.0¢ 31.0¢ $3.07K 9.902K

Buyers (Bids)

No. Vol. Price($)
1 10949 31.0¢
 

Sellers (Offers)

Price($) Vol. No.
32.0¢ 2508 1
View Market Depth
Last trade - 11.13am 22/05/2024 (20 minute delay) ?
CSX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.