AU8 1.67% 6.1¢ aumake international limited

I missed the announcement so was not happy to see the share...

  1. 460 Posts.
    lightbulb Created with Sketch. 5
    I missed the announcement so was not happy to see the share price down 60% but will not sell now.
    My take
    If EBIT is down from 18.5 to 8 (worst case) a 55% fall and assuming that flows through to NP then EPS will be circa 10c and pe 6.
    Also NTA is 89c.

    That does not mean a 60% drop

    Will review in more detail tonight but gut is telling me to top up.
 
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