AVJ 1.64% 30.0¢ avjennings limited

I think AVJ report today, could be a good day for holders. I'm...

  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
30.0¢
Change
-0.005(1.64%)
Mkt cap ! $167.4M
Open High Low Value Volume
30.0¢ 30.0¢ 30.0¢ $33.11K 110.3K

Buyers (Bids)

No. Vol. Price($)
2 24827 30.0¢
 

Sellers (Offers)

Price($) Vol. No.
31.0¢ 22917 2
View Market Depth
Last trade - 10.40am 20/11/2024 (20 minute delay) ?
AVJ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.