Interesting update today from the company.
Once again, they revised upwards their forecast for FY 20. This time, they increased their trading EBITDA forecast by around 19 % vs their previous forecast. Main reason : the company is working at full capacity and so it is able to improve its operating leverage.
Since my initial note (on 24/10/20), the stock has only increased by 7 % on an adjusted basis.
As a result, the stock is getting cheaper with an EV/trading EBITDA of 3.4 (vs 3.7 previously).
Surprising that the market is not more interested in such a value stock.
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Last
$10.88 |
Change
-0.050(0.46%) |
Mkt cap ! $180.8M | |||
| Open | High | Low | Value | Volume |
| $10.94 | $10.94 | $10.79 | $122.2K | 11.25K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 76 | $10.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.88 | 51 | 1 |
View Market Depth
| Last trade - 16.10pm 19/06/2025 (20 minute delay) ? |
| CAA (ASX) Chart |