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

KCN

Click for more information

2.24%

$1.37 kingsgate consolidated limited.

I clicked the wrong company. Meant to be RCL:ASX.

First 4968 Last

Share
Profile

Follow
danbradster

5,959 Posts.

1459

24/06/24

14:29

Post #: 74460732
Share

Originally posted by danbradster: ↑

The rolling 4 periods cashflow is the best that it's ever been, thanks to this strong quarter with strong receipts plus some cost control.

I feel like this is a good visual. The red vertical lines show net (negative) cashflow. The only other time we came close to cashflow positive was back in Q322 when there looked to be an anomaly in Product Operating Costs.

So right now is the closest we've been to cashflow positive with no apparent anomaly. (Other than this being the first time that staff and fixed expenses have been reigned in, so it's yet to be proven whether than ongoing/sustainable.

So it looks nice - potentially not long until cashflow positive, but it's tough to make projections when there's not a lot of transparency into the business itself.

Possibly this from LinkedIn -

No spike in staff numbers shown (though the cost cutting appears to be visible 6-12 months back)), so I think staff expenses will stay down. So if receipts continues to grow organically, then cashflow positive should happen.

Expand

I clicked the wrong company. Meant to be RCL:ASX.

KCN Price at posting: $1.59 Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

Earnings Wrap: why is the utilities sector tanking & other big name earnings on Thursday

MXR

Maximus picks up 25.93 g/t of gold through infill drilling at WA's Hilditch

Bitcoin: Current State of Play & Where to Next | Swyftx

Emerald & Azure score Digger & Dealer awards

OSL

Oncosil device successfully treats pancreatic cancer in Türkiye

There are more pages in this discussion • 226 more messages in this thread...

First 4968 Last

Add KCN (ASX) to my watchlist

(20min delay)
Last $1.37		Change 0.030(2.24%)		Mkt cap ! $353.1M

Open	High	Low	Value	Volume
$1.35	$1.40	$1.35	$544.1K	394.6K

Buyers (Bids)

No.	Vol.	Price($)
1	2256	$1.36

Sellers (Offers)

Price($)	Vol.	No.
$1.39	8384	2

View Market Depth

No.	Vol.	Price($)
1	2256	1.360
4	31886	1.355
2	97282	1.350
2	3416	1.340
2	8989	1.330

Price($)	Vol.	No.
1.385	8384	2
1.390	3384	1
1.400	16238	4
1.410	1671	2
1.420	10000	1

Last trade - 16.10pm 15/08/2024 (20 minute delay)

KCN (ASX) Chart

SPONSORED BY