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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11.5¢ |
Change
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Mkt cap ! $50.43M |
Open | High | Low | Value | Volume |
11.5¢ | 11.5¢ | 11.0¢ | $39.12K | 341.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 239944 | 11.0¢ |
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Price($) | Vol. | No. |
---|---|---|
11.5¢ | 283160 | 5 |
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No. | Vol. | Price($) |
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8 | 239944 | 0.110 |
3 | 256000 | 0.105 |
7 | 810060 | 0.100 |
1 | 5263 | 0.095 |
1 | 10752 | 0.093 |
Price($) | Vol. | No. |
---|---|---|
0.115 | 283160 | 5 |
0.120 | 890875 | 4 |
0.125 | 59731 | 3 |
0.130 | 50000 | 1 |
0.135 | 255834 | 6 |
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