I sold out of this (sick) puppy just the other day.
Ask yourself this - a stock on near-about 5x earnings should provide you a 20% yield. Emeco is in theory trading on 5x earnings, but where is the 20% yield?
You get dividend payments at a bit over 1% a piece, and a miserable buyback. 2H22 buyback announcement was $6.7m (sub 2% of market cap), but they only bought back ~3.5m shares (a bit over $3m) before they, without explanation, stopped.
Most of the cash flow is being reinvested (mis-invested?) back in the business. I don't want that, so count me out.
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I sold out of this (sick) puppy just the other day.Ask yourself...
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80.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $414.6M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 6116 | 79.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
79.5¢ | 1164 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 11216 | 0.790 |
2 | 2200 | 0.785 |
6 | 41454 | 0.780 |
4 | 25135 | 0.775 |
3 | 12100 | 0.765 |
Price($) | Vol. | No. |
---|---|---|
0.800 | 9326 | 6 |
0.805 | 45150 | 6 |
0.810 | 826 | 2 |
0.830 | 1205 | 1 |
0.835 | 53200 | 5 |
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