EWC 4.55% 2.3¢ energy world corporation ltd

@eyeswideopen - not sure if that is tongue in cheek or not, but...

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  1. 223 Posts.
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    @eyeswideopen - not sure if that is tongue in cheek or not, but diluted EPS is 1.46c not $!

    Company is still on a positive trajectory. Earnings growth is stable. GP margins hanging around that 60% mark, with NPAT margin at about 15%. Cash-flow is also healthy, with OCF growing YOY for the past 4 FYs. Basic P/E is reasonable at 15.7 with diluted P/E not far behind, basic EV/EBITDA at 7.64. All of this with a comfortable margin of safety, with book value at 37c per share. Debt is reasonably high vs FCF and equity, but manageable and OK considering use of capital to fuel growth (as opposed to working capital). Construction of key projects near completion. Plenty to like! Personally, I think it's a case of when, not if, the market catches up with this one.

    Wider view - NG also appears ripe for a correction, after hitting a medium term low. All credit to author of the original post in the link following. See original post + comments here: https://www.tradingview.com/chart/N...Further-Decline-To-1-62-naturalgas-fibonacci/

    I'm not exactly a TA whiz, but here's my take on EWC. Breakout of long-term down-trend against the weekly, with short-term support around the 0.26 level and short-term resistance around the 0.36 level. Rounding bottom formed. Let's see what happens next.

    Last edited by tambarino: 02/09/16
 
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Last
2.3¢
Change
0.001(4.55%)
Mkt cap ! $29.24M
Open High Low Value Volume
2.3¢ 2.3¢ 2.2¢ $117.7K 5.122M

Buyers (Bids)

No. Vol. Price($)
1 528565 2.3¢
 

Sellers (Offers)

Price($) Vol. No.
2.5¢ 655248 4
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Last trade - 13.05pm 26/11/2024 (20 minute delay) ?
EWC (ASX) Chart
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