Serial downgrader BBN will report it's result tomorrow. The latest downgrade was back in May, blaming the fire sales, caused by two of its competitors going broke. The share price says that it may have turned the corner but with the price at nose bleed levels there is risk that high expectations are built into the price going into the result.
Based on it's own guidance it's trading at 10-11 time EBITDA (not NPAT) in FY18. Let's see if they will give guidance tomorrow for the year ahead.
Watching with interest.
Results on Aug 10, page-2
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Last
$1.76 |
Change
-0.005(0.28%) |
Mkt cap ! $219.8M | |||
| Open | High | Low | Value | Volume |
| $1.77 | $1.78 | $1.71 | $62.64K | 35.48K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 297 | $1.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.78 | 97806 | 1 |
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| Last trade - 16.10pm 02/12/2024 (20 minute delay) ? |
| BBN (ASX) Chart |
