yes. I expect a significant rerating, as they are in a nice spot where they have both volume and price increases, while they have proved to have a good control of their costs during the last years.
The main element I am following is the free cash flow and expect them to show a significant improvement of their free cash flow this year, while they had already a decent free cash flow in FY 21 (free cash flow of 2.2 m, which represents a free cash flow yield of 12 %).
Even if they reach my targets in terms of profitability, the stock will probably continue to have a low rating by the market, as they are in a tough sector (oyster farming). One of the main risks : natural disasters can have a significant impact on pearl production. All Atlas Pearl farms are located in Indonesia, where earthquakes are frequent.
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Last
9.9¢ |
Change
0.006(6.45%) |
Mkt cap ! $43.10M |
Open | High | Low | Value | Volume |
9.9¢ | 9.9¢ | 9.7¢ | $26.92K | 272.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 25000 | 9.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.9¢ | 115187 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.094 |
2 | 60000 | 0.093 |
1 | 54347 | 0.092 |
2 | 100781 | 0.091 |
5 | 43226 | 0.090 |
Price($) | Vol. | No. |
---|---|---|
0.100 | 60008 | 2 |
0.105 | 248429 | 6 |
0.110 | 195900 | 3 |
0.115 | 70000 | 1 |
0.120 | 67300 | 3 |
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