I agree the fundamentals looks strong with PE 7 and gearing ratio 27.78% and product differentiation is one of their key strengths.
But based on their recent announcements, they just managed to close $85m worth of orders for the first half of this financial year and they are expecting to break-even. Second half of the year may look even worse as they have not announced any fresh new order despite having an order book of $600m. I bought a small parcel but definitely holding off to buy more for now.
I agree the fundamentals looks strong with PE 7 and gearing...
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Last
36.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $79.03M | |||
| Open | High | Low | Value | Volume |
| 35.5¢ | 36.0¢ | 35.0¢ | $50.32K | 141.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5907 | 35.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.0¢ | 62592 | 2 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| MCE (ASX) Chart |