Australia's largest stock trading and investment forum Australia's #1 stock forum

ELD

0.12%

$8.54 elders limited

ELD General Discussion, page-424

First 424 Last

Share
Profile

Follow
peejay2

5,167 Posts.

404

23/09/23

10:37

Post #: 69990248
Share

Originally posted by DefinedBenefit0: ↑

To begin, I do not have the tools to give a comprehensive answer. I have been looking at past financials and have questions myself- but given the paltry quantum of any investment that I might make here- and I have a life- they will largely need to remain questions.

The debt, largely, has to do with working capital- that is the day to day running of their business and less to do with capital assets. So, their business is churning over inventory and services and is 'capital light'. Hence, current liabilities rather than non-current.

The debt, largely, is secured by current assets.

The risk is that they just cannot generate enough profit to pay down debt in the better years.

It could be that it is the interest rate environment that is the risk as much as or more than the climate and seasonal variation.

My other question- they went into the GFC following a least a decade of profits and dividend payments- then they went down like a soccer forward in a penalty box. Was the GFC really the cause or did it simply bring to light hidden weakness? Were the previous years too good to be true? Can one bad year really bring an established profitable company to the brink?

More reading to do, but not yet, it is spring and this retiree must have a life.

IMHO DYOR

Expand

“it is spring and this retiree must have a life.“
Where do you buy those again ? . LOL….

ELD Price at posting: $6.05 Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

'We're looking': Nickel-rich Indonesia sounds graphite warning to Aus producers

MIN

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

Making money: How many microcaps should be in an investor's portfolio?

What each US election outcome would mean for Australian companies & investors

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

There are more pages in this discussion • 118 more messages in this thread...

First 424 Last

Add ELD (ASX) to my watchlist

(20min delay)
Last $8.54		Change 0.010(0.12%)		Mkt cap ! $1.349B

Open	High	Low	Value	Volume
$8.48	$8.55	$8.37	$2.707M	319.3K

Buyers (Bids)

No.	Vol.	Price($)
1	1	$8.52

Sellers (Offers)

Price($)	Vol.	No.
$8.55	1502	1

View Market Depth

No.	Vol.	Price($)
2	1709	8.490
1	1502	8.480
1	1502	8.470
1	1502	8.460
1	5962	8.450

Price($)	Vol.	No.
8.550	1502	1
8.560	1502	1
8.590	2102	1
8.660	1000	1
8.690	10000	1

Last trade - 16.10pm 01/11/2024 (20 minute delay)

ELD (ASX) Chart

ELD General Discussion, page-424

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

'We're looking': Nickel-rich Indonesia sounds graphite warning to Aus producers

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

Making money: How many microcaps should be in an investor's portfolio?

What each US election outcome would mean for Australian companies & investors

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

ELD General Discussion, page-424

Top Stories

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

'We're looking': Nickel-rich Indonesia sounds graphite warning to Aus producers

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

Making money: How many microcaps should be in an investor's portfolio?

What each US election outcome would mean for Australian companies & investors

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News