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
Certainly a positive announcement.If the 1H EBIT is $40m, then...
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Last
$3.09 |
Change
-0.070(2.22%) |
Mkt cap ! $1.072B | |||
| Open | High | Low | Value | Volume |
| $3.15 | $3.16 | $3.04 | $2.694M | 873.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1324 | $3.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.10 | 597 | 1 |
View Market Depth
| Last trade - 16.10pm 21/11/2024 (20 minute delay) ? |
| ASB (ASX) Chart |
