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
33.0¢ |
Change
-0.005(1.49%) |
Mkt cap ! $72.45M | |||
| Open | High | Low | Value | Volume |
| 33.0¢ | 33.0¢ | 33.0¢ | $15.82K | 47.96K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 14721 | 33.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.5¢ | 5672 | 1 |
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| Last trade - 13.31pm 09/07/2024 (20 minute delay) ? |
| MCE (ASX) Chart |