well just read through the report. something i like: 1. Qantas still very profitable, notably Jetstar and Loyalty. Loyalty ontrack to 1B EBIT in 5 years, i valued it a 10B business, more than the current Qantas market cap. 2. yes its very cheap, 9B in market cap, 14B in EV, EV/PBT is only 5x annualised. what i dont like: 1. Capex 3B-3.2B this year, 3.7B-3.9B next year and i dont see the peak. If you look into the figures, they made no money by putting all their earnings+more debt into new aircrafts, al least for the next two years, net debt will be more than 5B next year, thanks to the continued buyback. DYOR and MYOD, I will keep holding and add more if it keep going down below $5.
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Last
$7.00 |
Change
0.030(0.43%) |
Mkt cap ! $10.94B |
Open | High | Low | Value | Volume |
$6.93 | $7.01 | $6.93 | $28.80M | 4.124M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 43822 | $6.97 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.00 | 16350 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 43822 | 6.970 |
1 | 40682 | 6.960 |
3 | 89976 | 6.950 |
2 | 10392 | 6.940 |
3 | 8393 | 6.930 |
Price($) | Vol. | No. |
---|---|---|
7.000 | 16350 | 3 |
7.020 | 53736 | 9 |
7.030 | 41862 | 4 |
7.040 | 42025 | 2 |
7.050 | 11343 | 4 |
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