EBO-Ebos

[winner (n)]

Think I read somewhere quite recently that the CEO of EBOS is the highest paid CEO of any NZX listed company.
Paying a king's ransom for mediocrity ?...you folks be the judge.

Got A$2.4m sign on payment lol

AI Overview               

EBOS Group CEO Adam Hall's total annual remuneration package is valued at approximately A$5.4 million (A$1.35 million base salary), not including an additional one-time sign-on incentive of A$2.4 million.The material components of his annual employment agreement include:

Fixed Base Salary: A$1,350,000 (inclusive of superannuation contributions).

Short-Term Incentive (STI): Up to A$1,822,500 per annum (135% of his base salary). This has a stretch component and is evaluated against annual target objectives.

Long-Term Incentive (LTI): A long-term performance rights plan valued at up to A$2.23 million, measured over three-year performance periods.

Sign-On Incentive: A A$2,400,000 package provided in two parts to compensate for foregone incentives from his previous employer:Cash: A$960,000 paid shortly after his commencement.Performance Rights: Valued at A$1,440,000 vesting in three equal tranches on the first, second, and third anniversaries of his start date.

[Basil]

Gosh talk about being on the gravy train. 

[Mos]

Gosh talk about being on the gravy train. 

Yes, same Chair as Oceania. Hmmm

[Basil]

Excerpt from closing market commentary in the Herald.

Ebos Group – which Robertshawe described as "friendless" – moved to an eight-year low after falling 50c or 2.54% to $19.20. Mainfreight declined $2.26 or 3.48% to $62.74 after having a surge following its solid annual result.

Gosh, friendless doesn't sound good.  8 Analysts almost universally rate it a BUY, (so surely not completely friendless ? and yet the market says otherwise.  https://www.marketscreener.com/quote/stock/EBOS-GROUP-LIMITED-6494459/consensus/
Hmmm...I wonder what the analysts are missing ?  Higher costs at present decimating their already wafer thin profit margin ?

[winner (n)]

Excerpt from closing market commentary in the Herald.

Gosh, friendless doesn't sound good.

A real market pariah. Once a market pariah it generally takes a long time for the market to " love" them again

Sad thing is this has come about bytheir own incompetent communications from management. New guy has no credibility ....and I reckon he's not up to the task.

[winner (n)]

AI says market pariahs are contrarian plays so all hunky dory

A stock market "pariah" is a severely out-of-favor asset, sector, or company that institutional investors actively avoid. These investments are shunned due to poor short-term performance, negative public sentiment, or industry headwinds. However, they often trade at deep discounts, attracting contrarian investors

[Plata]

Tiiiiiiimber. Glad I didn't go all out at the $21 mark that would have been embarrassing, being so far underwater this quickly reminds me of OCA back in the day. I don't know much about the CEO but it should be noted that each business div has its own CEO. You'd hope he will lean on their experience for a while when it comes to the underlying business, and maybe some presentation training for the messaging. I'm keen to get more but it doesn't seem like this trend is going to change until iran war is over or some company news comes out. Watchin and waitin.

[Shareguy]

It's time to stop buying and wait and see I reckon.

[Basil]

AI says market pariahs are contrarian plays so all hunky dory

Not while the chart looks like an abandoned baby.  Wait for a bottoming formation to occur and buy into the next uptrend just after it starts. Break up through the 90 day moving average would be a good entry point. Might not happen this year. Until that new uptrend starts staying away is the lowest risk and most prudent approach. Catching falling knives or trying to pick bottoms is an extremely risky approach. They might still be a market pariah 2 or even 3 years from now !

[winner (n)]

Not while the chart looks like an abandoned baby.  Wait for a bottoming formation to occur and buy into the next uptrend just after it starts. Break up through the 90 day moving average would be a good entry point. Might not happen this year. Until that new uptrend starts staying away is the lowest risk and most prudent approach. Catching falling knives or trying to pick bottoms is an extremely risky approach. They might still be a market pariah 2 or even 3 years from now !

Long way off 50MA

No sign of the good ol golden cross ....but wasn't that death cross last September a stay out of this stock signal


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[Basil]

Astonishing really that less than a year ago this was one of the brokers highest conviction stocks with a share price over $40.

Nobody gets every call right but that was a real shocker. Was a stock with a modest 5% 10 year EPS CAGR ever worth a PE of nearly 30 ?

This is a classic example of why every investor needs their own way of valuing stocks and not follow brokers recommendations blindly.

Using my GARP screening formula it was only ever worth a no growth PE of 8.5 + 1 PE extra for every 1% proven EPS growth rate = forward PE of 13.5

My formula saved me exposure to my capital more than halving in EBO in less than a year.

People need to think for themselves what to pay for growth. Blindly buying market darlings on really expensive metrics is a recipe for underperforming the market.

[Crackity]

Astonishing really that less than a year ago this was one of the brokers highest conviction stocks with a share price over $40.

Nobody gets every call right but that was a real shocker. Was a stock with a modest 5% 10 year EPS CAGR ever worth a PE of nearly 30 ?

This is a classic example of why every investor needs their own way of valuing stocks and not follow brokers recommendations blindly.

Using my GARP screening formula it was only ever worth a no growth PE of 8.5 + 1 PE extra for every 1% proven EPS growth rate = forward PE of 13.5

My formula saved me exposure to my capital more than halving in EBO in less than a year.

People need to think for themselves what to pay for growth. Blindly buying market darlings on really expensive metrics is a recipe for underperforming the market.

 No investing in SpaceX then eh Bazza?

Luckily it has no PE

[Basil]

No investing in SpaceX then eh Bazza?

Luckily it has no PE

Priced at 92 times sales, it's going to the moon, what could possibly go wrong