ABV 1.11% 8.9¢ advanced braking technology ltd

It's good to see a presentation that lays out the future...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,709 Posts.
    lightbulb Created with Sketch. 1
    It's good to see a presentation that lays out the future direction of the business and outlines its growth potential and management's expectations of where the business will be at over the next few years.

    From the information provided it is clear to see that the new boss means business.

    I just hope it's not a case of overpromising and underdelivering.

    Sales of mining units are expected to increase from 150 in FY14 to 630 in FY15 rising further to 1120 in FY16 whilst sales of Trucks and Trailers are expected to increase from 6 in FY14 to 130 in FY15 rising to 470 in FY16.

    FY14 revenue is expected to come in at $5.46 million with an EBITDA of -$4.13 million. FY15 revenue is expected to increase to $13.23 million with an EBITDA of -$810,000 and in FY16 revenue is expected to further increase to $22.32 million with an EBITDA of $1.67 million.

    Management have put it all on the line in releasing these figures so let's see how they measure up against the actual results over the next few financial years.





 
watchlist Created with Sketch. Add ABV (ASX) to my watchlist
(20min delay)
Last
8.9¢
Change
-0.001(1.11%)
Mkt cap ! $28.70M
Open High Low Value Volume
8.8¢ 8.9¢ 8.8¢ $3.985K 45K

Buyers (Bids)

No. Vol. Price($)
1 3072 8.9¢
 

Sellers (Offers)

Price($) Vol. No.
9.0¢ 249494 3
View Market Depth
Last trade - 15.14pm 22/11/2024 (20 minute delay) ?
ABV (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.