I agree the fundamentals looks strong with PE 7 and gearing ratio 27.78% and product differentiation is one of their key strengths.
But based on their recent announcements, they just managed to close $85m worth of orders for the first half of this financial year and they are expecting to break-even. Second half of the year may look even worse as they have not announced any fresh new order despite having an order book of $600m. I bought a small parcel but definitely holding off to buy more for now.
I agree the fundamentals looks strong with PE 7 and gearing...
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Last
28.0¢ |
Change
0.030(12.0%) |
Mkt cap ! $72.45M | |||
| Open | High | Low | Value | Volume |
| 25.0¢ | 28.0¢ | 25.0¢ | $59.29K | 224.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 17516 | 26.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.0¢ | 74553 | 2 |
View Market Depth
| Last trade - 16.10pm 02/12/2024 (20 minute delay) ? |
| MCE (ASX) Chart |
