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
11.0¢ |
Change
0.005(4.76%) |
Mkt cap ! $49.86M |
Open | High | Low | Value | Volume |
11.0¢ | 11.5¢ | 11.0¢ | $23.40K | 212.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 26384 | 11.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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11.5¢ | 110589 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 26384 | 0.110 |
2 | 311730 | 0.105 |
5 | 157416 | 0.100 |
2 | 190000 | 0.099 |
1 | 22387 | 0.098 |
Price($) | Vol. | No. |
---|---|---|
0.115 | 210473 | 5 |
0.120 | 373107 | 7 |
0.125 | 283444 | 7 |
0.130 | 108795 | 4 |
0.135 | 481363 | 4 |
Last trade - 15.36pm 22/05/2024 (20 minute delay) ? |
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Last
11.3¢ |
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Change
0.005 ( 7.14 %) |
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Open | High | Low | Volume | ||
11.0¢ | 11.3¢ | 11.0¢ | 33044 | ||
Last updated 13.07pm 22/05/2024 ? |
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