DGL.ASX

[winner (n)]

Back to bumping around the 60 cents mark

Suppose need to wait for next announcement to see any more action ....one way or other

[Shareguy]

Redox SP continues its upward trend. Not expecting DGL share price to do much until next reporting. Even then it's going to be 2025 before we see any meaningful gains I reckon.

[KW]

Shutdown of Qenos has flow on effects for other chemical manufacturers. Possibly DGL too?  Share price hit new low of 55c today

https://www.theaustralian.com.au/business/companies/thai-chemicals-major-indorama-to-close-sydney-manufacturing-plant-as-a-result-of-qenos-collapse/news-story/40eec3de1eeef5d79e1821a69115cdec?amp

Another major Sydney chemicals maker is set to close as the shockwaves from the collapse of Qenos reverberate through the manufacturing sector.
Thai chemicals major Indorama told workers and customers it will shutter its Botany manufacturing plant at the end of June as a direct result of the Qenos failure, with the decision likely to cost about 110 jobs.
The decision was forced by the announcement that Qenos' new owners, property developer Logos, would permanently shutter the company's nearby manufacturing plant, customers and staff were told.
"This decision has been necessitated by the recent announcement from our supplier, Qenos, to shut down their Botany production site and stop supplying ethylene, which is a critical component of our production process," she said.

[Ricky Bobby]

When is the FY out?... will be interesting...

[Shareguy]

When is the FY out?... will be interesting...

Last year was 28th of August. Have been adding and is my largest Australian position.

[Sideshow Bob]

Preforming better than NZX:DGL - they are down 42% of the last year.

These guys are down only 29%......winning!! 

[Shareguy]

Results out for FY24. Not bad considering. Acquisitions to stop unless meets certain criteria. Trading on a PE of 10 with NTA of $.74.

Topped up again on Friday.

[winner (n)]

Is GGL share price heading to a new all time low?

[Shareguy]

Is GGL share price heading to a new all time low?

Yes may well do. I'm dollar cost averaging. What can possibly go wrong🤫

[winner (n)]

Comparing F24 to F23

Profit margin down from 3.6% of sales to 3.0%
Asset Turnover down from 0.82 to 0.77
Assets to equity up from 1.73 to 1,77

Put all together and ROE fell from 5.2% to 4.1%

Needs to sell more and improve margins

[winner (n)]

Nadia's Farm on the TV ......made me catch up on DGL shareprice

Jeez 45 cents

Seems to be ATL

[Shareguy]

Nadia's Farm on the TV ......made me catch up on DGL shareprice

Jeez 45 cents

Seems to be ATL

44 ATL so far. I'm picking we are over the worst. Going to review again at agm.