I analysed this stock back in March 2023, and I didn't buy because at that time Cash was 2.6m and Debt was 9.5m (split into short term 1.3m & long term 8.1m long).
Even though SP has increased, by 100% since my valuation, I am sceptical about the cash/debt ratio as it has slightly increased for 2023. I like they have increased their net profit again, coming up close behind 2021 which is desirable.
Can someone who has closely followed this stock give me a quick update on what drove to the SP increase, was it just increase in normal business sales or something other?
I do like this business and will keep watching on the side lines until I am comfortable to invest. Glad some people here made some good profits, good job.
I analysed this stock back in March 2023, and I didn't buy...
-
- There are more pages in this discussion • 29 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add VEE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.80 |
Change
0.020(1.12%) |
Mkt cap ! $244.3M | |||
| Open | High | Low | Value | Volume |
| $1.74 | $1.80 | $1.71 | $82.94K | 47.40K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5000 | $1.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.80 | 1816 | 1 |
View Market Depth
| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| VEE (ASX) Chart |