ASB 3.63% $3.29 austal limited

Ann: Austal increases full year revenue guidance, page-5

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  1. 126 Posts.
    lightbulb Created with Sketch. 21
    Certainly a positive announcement.

    If the 1H EBIT is $40m, then after interest of $4m (FY18 FY was $8m) and tax of around $11m then the 1H NPAT may be $25m.

    If you were to say the second half will be the similar to the first then FY19 full year NPAT would be $50m

    There are 350 million shares on issue and at the current price of around $2.15 thats a mkt cap of $752m

    So the PE is sitting on about 15 which is about right in my book

    I like ASB, have held for some years, will sit for the moment and buy on dips 
 
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Last
$3.29
Change
0.115(3.63%)
Mkt cap ! $1.072B
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$3.24 $3.29 $3.20 $611.2K 188.3K

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No. Vol. Price($)
17 8834 $3.28
 

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Price($) Vol. No.
$3.29 12817 7
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