This is a great company with a good balance sheet. What would happen if Russia takes over Ukraine, would we the share holders lose out or would they just pay tax to Russia?
It's possible this has occurred because you are discussing it, and it's probably going to trend down as the markets are unstable and the talk of the new African covid variant.
Why would one invest here, it appears way over valued. Profit needs to increase 300% from current or 20% per year for 6 years and the mcap to remain the same as now for it earn in profit 6% of its current valuation. What's with the price to book ratio as well?
At best annual profit will be around 3.5% of the current market cap with a 2% dividend yield, disagree with the companys statement of improving macro economics, caution appears overvalued.
With a rsi of 16, and a single day fall of over 35%. A rebound on technicals alone is likely, fundamentals appear ok and not overvalued.I have a net profit est here of 19m is this still accurate?
Supply chain issues, shipping container backlogs, driver shortages, and raw material price inflation are going to affect profit and the sp. Other companies facing similar challenges have already started declining. I see a move down from here. Opinions on the situation?
Price too high now, though FY Revenue has been upgraded to 1.2b this is only just above 2019's, 1.16b. Sadly inflationary pressures will mean lower profits than in 2019 and previous years dividend are around 1% of current sp at best even with good profits I wouldn't expect more than a 2% dividend. Value a company based on its profit, middleman push up before fall down.