ALQ 2.15% $15.66 als limited

@blackcap, The stock is rising because they said that sample...

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. 7,936 Posts.
    lightbulb Created with Sketch. 1554
    @blackcap,

    The stock is rising because they said that sample flow volumes were rising.

    Remember that this is largely a fixed cost business, so changes in volumes (i.e., Revenue) drop almost through to the bottom-line, resulting in large changes in profitability.

    For example, on my modelling (and the forecast risks are not low for this business), the company will generate EBITDA, EBIT and NPAT of, respectively, $300m, $240m and $160m to $170m (depending on the tax rate).


    Those figures represent growth rates of 17%, 30% and 40%, respectively, on FY2016.

    And that's what has got the market excited.

    For my part I think the cyclical upwsing has largely been priced in, given the stock is trading on a forward P/E of 20x and EV/EBITDA of 12.8x.
 
watchlist Created with Sketch. Add ALQ (ASX) to my watchlist
(20min delay)
Last
$15.66
Change
0.330(2.15%)
Mkt cap ! $6.624B
Open High Low Value Volume
$15.52 $15.66 $15.29 $29.63M 1.903M

Buyers (Bids)

No. Vol. Price($)
2 26248 $15.54
 

Sellers (Offers)

Price($) Vol. No.
$15.66 12042 2
View Market Depth
Last trade - 16.10pm 21/11/2024 (20 minute delay) ?
ALQ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.