Good results and report
-ROE 59% !!!!!
-div up 10%
-again a special div
-most key metrics +~10%
But some very good
-huge increase in local govt customers
-Cloud up 60%
-good customer increase in UK, and improving financials there
- looks like they have already fully provided against BCC, so might be some write back of those provisions if TNE gets good outcome
-migration to SaaS going gangbusters, so cost control will get easier with time with more standardised product
- cash on hand $94M and it does not seem to "burn a hole in pocket" of company (other companies would be in a hurry to invest it unwisely) - they seem happy to hold with intention of improving payout to shareholders when franking credits are available
Good results and report -ROE 59% !!!!! -div up 10% -again a...
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Last
$31.28 |
Change
0.390(1.26%) |
Mkt cap ! $7.662B | |||
| Open | High | Low | Value | Volume |
| $30.99 | $31.38 | $30.86 | $6.079M | 195.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 217 | $31.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $31.29 | 212 | 9 |
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| Last trade - 12.40pm 04/12/2024 (20 minute delay) ? |
| TNE (ASX) Chart |
