Yes, watching in amusement as the SP goes up by 10%, then down 20%, and then back to where we started. Perhaps could have made some money if I had thought about it.
Looking forward yet another year, I can see this years earnings and profit improving in both the Management services and Technology side for the reasons stated in the presentation. My initial back-of-the-envelope calculations show an NPAT in the region of $5m this time next year, which equates to about 1.4c/share or a forward p/e of about 17 at current prices.
A p/e of 17 is undoubtedly cheap for a stock with this growth profile; but countering this, unfortunately, is a long history of execution risk which they need to put behind them for a couple of years at least. On balance I am holding / adding on weakness.
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54.5¢ |
Change
-0.025(4.39%) |
Mkt cap ! $190.3M |
Open | High | Low | Value | Volume |
55.0¢ | 58.5¢ | 54.3¢ | $72.86K | 128.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4350 | 54.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
59.0¢ | 20000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4350 | 0.540 |
2 | 9705 | 0.530 |
1 | 70000 | 0.525 |
2 | 35000 | 0.505 |
6 | 76507 | 0.500 |
Price($) | Vol. | No. |
---|---|---|
0.590 | 20000 | 1 |
0.625 | 3000 | 1 |
0.630 | 2966 | 1 |
0.635 | 7259 | 2 |
0.645 | 17652 | 1 |
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