SDI 2.43% $1.06 sdi limited

Wow, reads as a pretty depressing update. However, what the...

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. 785 Posts.
    lightbulb Created with Sketch. 2
    Wow, reads as a pretty depressing update.

    However, what the announcement fails to say is:
    - The second half has delivered SDI's highest half of revenue ever ($36.4m)
    - The $0.5m foreign translation loss goes through the P&L - assuming there is no tax impact from this, then underlying NPAT guidance is actually $6.0m to $7.0m
    - SDI fail to mention that NPAT for the previous year was distorted by the low tax charge. Normalised (at a 22.5% rate not the 13.5% effective rate) , this NPAT would have been around $5.7m, not the $6.5m referred to by SDI
    - So, actually, we are looking at a reasonable to large increase in underlying NPAT, as opposed to the downgrade implied by SDI for what-ever reason.
 
watchlist Created with Sketch. Add SDI (ASX) to my watchlist
(20min delay)
Last
$1.06
Change
0.025(2.43%)
Mkt cap ! $111.1M
Open High Low Value Volume
$1.04 $1.06 $1.04 $68.79K 65.59K

Buyers (Bids)

No. Vol. Price($)
1 93344 $1.06
 

Sellers (Offers)

Price($) Vol. No.
$1.06 450 1
View Market Depth
Last trade - 15.58pm 25/11/2024 (20 minute delay) ?
SDI (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.