Agreeing with you a 30% margin result on the metal detectors makes CDA interesting . As long the radio business continues to grow.
At a p/e of 12 , similar to yourselve do not see $2 share price but I do see $1.60 again in a mid term range, and at a 50% dividend rate, a nice return as a hold with a purchase at 70 cents or below.
I actually expected a series of write-offs(clear out the junk etc) at the full year. Unless they hiding it somewhere, then well done for selling even at a low margin. Interesting to see the impact of the planned low cost models.
Also interesting apart from several dips 70 cents appears to be a very support as the share price consolidates.
- Forums
- ASX - By Stock
- segment result
Agreeing with you a 30% margin result on the metal detectors...
Add CDA (ASX) to my watchlist
(20min delay)
|
|||||
Last
$15.65 |
Change
-0.150(0.95%) |
Mkt cap ! $2.785B |
Open | High | Low | Value | Volume |
$15.92 | $15.92 | $15.55 | $2.415M | 154.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 813 | $15.61 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$15.66 | 1112 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 279 | 3.170 |
2 | 2173 | 3.160 |
2 | 2646 | 3.150 |
3 | 5510 | 3.140 |
1 | 25000 | 3.130 |
Price($) | Vol. | No. |
---|---|---|
3.190 | 3000 | 1 |
3.210 | 2102 | 2 |
3.220 | 1050 | 1 |
3.230 | 1050 | 1 |
3.240 | 10092 | 1 |
Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
CDA (ASX) Chart |