Given the recent price action, its worth getting a discussion going on the H1 results. I've updated my forecasts for the half and full year (see summary below). This suggests a HY dividend of 1.7-1.8c and FY divvy of ~3.5c. I was previously conservatively forecasting that the Q2-Q4 results would be slightly below the Q1 results, however I've upgraded my forecasts to essentially be an annualization of the Q1 result. This updated view is based on the fact that the Q1 result already had weakness in the concept engineering businesses, so there is as much risk to the upside as the downside in terms of the Q2-Q4 results, particularly if the CE businesses start to benefit from the economy opening up and infrastructure spending coming through. These forecasts also don't factor in event risk upside from more acquisitions, which remain a possibility given the group's strong balance sheet. If the forecasts below are achieved, you are looking at a 10%+ dividend yield (including franking benefit) at today's 45c share price. More importantly, if achieved, the earnings and dividend uplift should drive a reevaluation of this stock which could easily drive the share price above 70c and still seem reasonably valued.![]()
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ASH
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Last
17.0¢ |
Change
-0.015(8.11%) |
Mkt cap ! $24.47M |
Open | High | Low | Value | Volume |
18.5¢ | 18.5¢ | 17.0¢ | $2.407K | 14.14K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 150000 | 17.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.0¢ | 24936 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 150000 | 0.175 |
3 | 110881 | 0.170 |
5 | 316192 | 0.165 |
4 | 135842 | 0.160 |
2 | 96445 | 0.155 |
Price($) | Vol. | No. |
---|---|---|
0.185 | 24313 | 2 |
0.195 | 322721 | 3 |
0.200 | 109894 | 1 |
0.220 | 62215 | 1 |
0.225 | 4761 | 1 |
Last trade - 10.29am 25/07/2025 (20 minute delay) ? |
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