I think that tomorrow's SP will be depending on how management sees FY18 outlook. Key FY17 results had already been announced and priced into the current SP. Based on my calculation, we currently have the EPS of around 6cps (vs 8cps consensus) and P/E of approx 12.
If the reported outlook is more positive than what we've already known so far, the SP will head back toward 80c. However, if management see more headwinds than what they had communicated, we might see the SP dips below 70c.
Personally, I am expected a slightly more positive outlook, and bought more today.
I think that tomorrow's SP will be depending on how management...
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Last
$4.88 |
Change
-0.010(0.20%) |
Mkt cap ! $415.1M | |||
| Open | High | Low | Value | Volume |
| $4.96 | $4.97 | $4.74 | $916.4K | 188.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 986 | $4.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.90 | 540 | 1 |
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| Last trade - 16.10pm 14/11/2024 (20 minute delay) ? |
| MYX (ASX) Chart |