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
10.5¢ |
Change
0.005(5.00%) |
Mkt cap ! $45.53M |
Open | High | Low | Value | Volume |
10.5¢ | 11.0¢ | 10.5¢ | $102.7K | 948.7K |
Buyers (Bids)
No. | Vol. | Price($) |
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2 | 18151 | 10.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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11.5¢ | 275000 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 18151 | 0.105 |
15 | 964909 | 0.100 |
2 | 15204 | 0.098 |
2 | 358400 | 0.097 |
1 | 20000 | 0.096 |
Price($) | Vol. | No. |
---|---|---|
0.115 | 275000 | 3 |
0.120 | 252776 | 8 |
0.125 | 208036 | 7 |
0.130 | 178795 | 4 |
0.135 | 512179 | 5 |
Last trade - 15.52pm 03/05/2024 (20 minute delay) ? |
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Last
10.5¢ |
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Change
0.005 ( 2.44 %) |
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Open | High | Low | Volume | ||
10.5¢ | 11.0¢ | 10.5¢ | 25384 | ||
Last updated 15.52pm 03/05/2024 ? |
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