BVS

5.98%

$1.10 bravura solutions limited.

$100 million at 31/12/19 as they acquired Finocomp for $A 25...

First 21 Last

edshann

2,333 Posts.

705

21/03/20

17:10

Post #: 43622807

Originally posted by Psalty: ↑
According to Commsec, no long term debt and loads of cash:

TYPE 2017 2018 2019
1 Cash Assets ($) 17,071,000 36,941,000 194,797,000
2 Receivables ($) 37,209,000 39,061,000 34,791,000
3 Inventories ($) 0 0 0
4 Other Current Assets ($) 0 0 1,480,000
5 Total Current Assets ($) 58,400,000 81,200,000 236,600,000
6 Accounts Payable ($) 11,607,000 10,422,000 11,608,000
7 Due to Banks ($) 5,737,000 12,183,000 0
8 Other Current Liabilities ($) 42,300,000 57,300,000 50,300,000
9 Total Current Liabilities ($) 70,600,000 91,200,000 76,900,000
10 Total Liabilities ($) 70,600,000 91,200,000 76,900,000
Expand
$100 million at 31/12/19 as they acquired Finocomp for $A 25 million in October 2019.

From half year presentation:

"Strong financial position with A$100m cash on the balance sheet to pursue further acquisitive and organic growth opportunities."
"Long-term cash flow is supported by predictable, long-term, client contracts."

They can conserve cash by shelving acquisitions if needed. Despite that the share price has fallen from $5.74 to $3.16 or nearly halved.

As earnings are mainly offshore the lower $A will help in translating profits into $A.

Seem to me to be one of the better placed firms. Growth may stall, but they are well placed to survive.

BVS Price at posting: $3.16 Sentiment: Buy Disclosure: Held

6 Upvote

0 Great analysis

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(20min delay)
Last $1.10		Change -0.070(5.98%)		Mkt cap ! $493.1M

Open	High	Low	Value	Volume
$1.15	$1.15	$1.09	$1.345M	1.223M

Buyers (Bids)

No.	Vol.	Price($)
4	15336	$1.10

Sellers (Offers)

Price($)	Vol.	No.
$1.11	35	1

View Market Depth

No.	Vol.	Price($)
2	9786	1.100
3	10200	1.085
1	100000	1.080
3	17145	1.070
1	940	1.060

Price($)	Vol.	No.
1.120	70000	1
1.150	10000	1
1.165	2500	1
1.190	2500	1
1.210	5437	1

Last trade - 16.10pm 02/08/2024 (20 minute delay)

BVS (ASX) Chart

$100 million at 31/12/19 as they acquired Finocomp for $A 25...

GreenX picks up prospective copper project in Germany

Is oil undervalued?

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

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Cost blow-out for Rook I uranium project sees share plummet for NexGen

Venture to sniff out high-grade REE targets at Jupiter project, WA

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Westgold sets its sights on top five producer status through merger with Karora

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

	TYPE	2017	2018	2019
1	Cash Assets ($)	17,071,000	36,941,000	194,797,000
2	Receivables ($)	37,209,000	39,061,000	34,791,000
3	Inventories ($)	0	0	0
4	Other Current Assets ($)	0	0	1,480,000
5	Total Current Assets ($)	58,400,000	81,200,000	236,600,000
6	Accounts Payable ($)	11,607,000	10,422,000	11,608,000
7	Due to Banks ($)	5,737,000	12,183,000	0
8	Other Current Liabilities ($)	42,300,000	57,300,000	50,300,000
9	Total Current Liabilities ($)	70,600,000	91,200,000	76,900,000
10	Total Liabilities ($)	70,600,000	91,200,000	76,900,000

$100 million at 31/12/19 as they acquired Finocomp for $A 25...

Top Stories

GreenX picks up prospective copper project in Germany

Is oil undervalued?

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Venture to sniff out high-grade REE targets at Jupiter project, WA

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Westgold sets its sights on top five producer status through merger with Karora

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News