ABY are cutting costs and still have earnings. Commsec updated their earnings estimates after the announcement to cut costs and they are are currently priced at a forward PE ratio of 0.5 for 30/3/10 and 1.06 for 30/3/09. I am topping up too at these prices but am not holding out for a div this year. (analysts expecting 1c div down from 10cents last year) - All info from Commsec forecast page.
but I think this makes a fantastic long term invesment given they have the backing of the Indians and can stay on care and maintenance for a bit until conditions improve. Can IMO be a $3 stock again in a couple of years.
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ABY are cutting costs and still have earnings. Commsec updated...
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Last
$1.01 |
Change
-0.010(0.98%) |
Mkt cap ! $94.89M |
Open | High | Low | Value | Volume |
$1.02 | $1.02 | $1.01 | $784 | 774 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 459 | $1.01 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.02 | 152 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 459 | 1.010 |
1 | 500 | 1.000 |
1 | 3862 | 0.995 |
1 | 4890 | 0.990 |
1 | 1020 | 0.980 |
Price($) | Vol. | No. |
---|---|---|
1.020 | 152 | 1 |
1.025 | 507 | 1 |
1.030 | 2105 | 1 |
1.040 | 11792 | 2 |
1.050 | 3005 | 2 |
Last trade - 11.36am 03/10/2024 (20 minute delay) ? |
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