Apiam is growing and is a good investment at this price.
- It is growing well though organic growth which it reported was 4.3% to May 2018.
This is being assisted by a growing market for livestock services, as food exports rise.
Also growth through acquisitions, it added six clinics during FY18, which was a 17% increase in the number of clinics.
And finally a growth avenue is opening vet clinics inside regional Petstocks, such as in Bendigo.
Apiam has provided guidance that FY18 revenue will be 8.7% higher and the earnings before interest, tax, depreciation and amortisation, (EBITDA) margin is going to increase from 9% to 9.4%.
AHX will keep growing
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Last
38.0¢ |
Change
-0.010(2.56%) |
Mkt cap ! $83.46M | |||
| Open | High | Low | Value | Volume |
| 39.5¢ | 40.5¢ | 38.0¢ | $15.92K | 40.95K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 72887 | 38.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 3500 | 1 |
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| Last trade - 16.10pm 02/12/2024 (20 minute delay) ? |
| AHX (ASX) Chart |
