Forum Topics ACF ACF ACF valuation

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PortfolioPlus
Added 12 months ago

Agree with your assessment @Rick and also your annoyances of the non statutory reporting. SB has to walk his talk.

Certainly his PR skills are exceptional, the company presence is compelling, as is the website.

But...it's the statutory eps that is all important and paticularly so when it is reprsented by 100% cash or greater.

Its amazing how companies can be so different - to ACF everything is a Price Sensitive announcement.

At ASB where their PR is deplorable, CEO promotion non existent, their website a shambles & out of date, a recent announcement that ASB had won the Australian Givernments preferred Landing Ship Transport 100 (LST100) design, was not price sensitive. What? These ships costs many, many milliosn EACH...and we will need many of them to ferry north when the "Richard the Thirds' hit th fan.

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Rick
Added 12 months ago

@PortfolioPlus it looks like I didn’t get to finish that August rant! I stopped just before the positives and valuation. Anyway I’ve got all that off my chest now. Probably another reason to hold and see what FY25 brings. I will be looking for free cash flows to more closely resemble earnings.

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