Big volumes going through - 6m so far so looking like a solid base is forming around 70c mark.
Next results announcement in August should confirm the trend.
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Big volumes going through - 6m so far so looking like a solid base is forming around 70c mark.
Next results announcement in August should confirm the trend.
Looks like could jump very soon targeting one dollar around august
Couple of big blocks got crossed recently a big one couple of weeks back and another two lots today. Interesting to see who the buyer might be, Wilson seem be the seller at least of the last lot.
Looking forward to results to be announced end of month and divvy before that.
https://stocknessmonster.com/announc...asx-2A1470955/
Excellent results showing recovery well underway.
Embark reported a net profit after tax from continuing operations of $2.386m compared with a loss of $1.696m
in the prior comparative period (pcp) driven by increased revenues (from materially higher occupancy), tight
control of support office costs and the prudent use of centre-based labour within Government mandated
guidelines.
Cash of $27.6m in the bank so group well placed to make more acquisitions.
https://stocknessmonster.com/announc...asx-2A1470958/
Occupancy above 85% in August 2023 which means that profitability will be very high for H2 2023.
Should crack past $1 soon (A$)
Another 2c (AU) divvy announced and growth got bit slower due to staff shortages and lower demand on Mon and Fri. Still very respectable occupancy rates.
https://yourir.info/resources/6ea9ae...tober_2023.pdf
Any occupancy over 80% is excellent. To have close to 90% on Tues - Thurs is super profits territory.
Good ongoing dividends
It appears the big shareholders want dividends
I read that the Australian Govt is putting whatever money it takes to rectify the staff shortages.
The next target is 1.00 then 2.00 once the staffing issues are solved and we buy a few more centres which is Chris Scotts forte.