AVJ 1.64% 31.0¢ avjennings limited

BP Price Target - 0.88, page-2

  1. 2,317 Posts.
    I think AVJ report today, could be a good day for holders. I'm not in but will see how the outlook reads because the past 6 months have been very solid and could be part of a major turnaround if you believe in the industry. 1stH profit before tax (PBT)was $17M advised back in Feb. If they met guidance which the upgraded twice then the full year PBT will be $47M and means the 2ndH PBT was $30M was is almost the double that of the first. Working on a 30% tax rate it puts them on a PE of 7.5 against the industry standard which is almost double that. I know they are investing for the future but i think they will need to pay a divvy in excess of 1 cent to get the market really excited.
 
watchlist Created with Sketch. Add AVJ (ASX) to my watchlist
(20min delay)
Last
31.0¢
Change
0.005(1.64%)
Mkt cap ! $167.4M
Open High Low Value Volume
30.0¢ 31.0¢ 30.0¢ $40.22K 133.3K

Buyers (Bids)

No. Vol. Price($)
1 13303 31.5¢
 

Sellers (Offers)

Price($) Vol. No.
32.0¢ 41239 1
View Market Depth
Last trade - 14.49pm 20/11/2024 (20 minute delay) ?
AVJ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.