The Stock of the Day is Downer EDI (DOW)
Автор: ausbiz
Загружено: 2023-08-09
Просмотров: 275
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Definite Downer today for Downer EDI - reporting a $325 million loss for the full year despite a 5% increase in revenues. The company admits to facing a challenging environment with growing competition and project disruptions 🏗️ And the upcoming period looks set to bring further pressures with the company forecasting 2024 as a transition year. Will it be a buy, hold or sell for uur experts, Grady Wulff from Bell Direct and Michael Gable from Fairmont Equities? They both agree that now is not the time to jump in (or out) but given their strong position in the market and the essential nature of their services it's one to watch. Keep an eye on Downer though, as FY24 and FY25 are poised to be intriguing years!
Watch the full episode here: ausbiz.co/the-call-1008
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ALS (ALQ)
Pental (PTL)
ImpediMed (IPD)
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Orora (ORA)
Cosol (COS)
Cedar Woods Properties (CWP)
Melbana Energy (MAY)
Select Harvests (SHV)
Breville (BRG)
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