AVJ 1.64% 30.0¢ avjennings limited

News: AVJ Avjennings says FY net profit attributable $35.7 mln, page-2

  1. 708 Posts.
    lightbulb Created with Sketch. 13
    Revenues and profits down... let's see what happens to the share price.

    Let's not forget this stock is still extremely cheap. 7-8x earnings, with net assets worth $381m on a stock with a market cap of $279m.

    Will be a good chance to add more if it drops. May not be a perfectly reliable business, but it is dirt cheap, and generating a lot of cash!
 
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