Given the number of firms giving downward guidance in the resources services sector, one would think LCM is in the same or similar boat. But they did provide solid guidance a few months ago and indicate that FY15 business is in good shape. And LCM didn't do any surprise confession in Dec-Jan.
So, as per my earlier prediction, I think LCM will live up to its guidance for this half. It will acknowledge tough trading conditions but a reasonable ongoing flow of work thru end of FY15. But also opaque guidance for Fy16 with the usual advisory that it is flexible enough to adjust to any ongoing downturn.
Two brokers report on LCM (in Thomson/Reuters), down from four broker coverage a few months ago. This past week, the broker with the lower target price increased that price from $1.05 to $1.09. the other broker still has $1.75 target price, but that has been so constant (since June14) that it might be a zombie broker. No change in broker estimated NPAT and EPS over the past few months.
- Forums
- ASX - By Stock
- VBC
- 1HFY15
1HFY15, page-2
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add VBC (ASX) to my watchlist
(20min delay)
|
|||||
Last
11.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $31.75M |
Open | High | Low | Value | Volume |
11.0¢ | 11.0¢ | 11.0¢ | $5.94K | 54K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 88903 | 10.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.0¢ | 25000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 88903 | 0.105 |
1 | 131634 | 0.100 |
1 | 100000 | 0.095 |
1 | 200000 | 0.092 |
2 | 163985 | 0.090 |
Price($) | Vol. | No. |
---|---|---|
0.110 | 25000 | 1 |
0.115 | 102958 | 3 |
0.130 | 22500 | 1 |
0.150 | 44296 | 1 |
0.155 | 150000 | 1 |
Last trade - 11.29am 28/03/2024 (20 minute delay) ? |
Featured News
VBC (ASX) Chart |
The Watchlist
BGD
BARTON GOLD HOLDINGS LIMITED
Alex Scanlon, Managing Director & CEO
Alex Scanlon
Managing Director & CEO
SPONSORED BY The Market Online