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VEEM prospectus reveals slip in profit

Engineering business VEEM is forecasting strong growth in revenue in the current financial year but a fall in profit, the family owned company has disclosed in the prospectus for its $25 million initial public offering.

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Comments

Perth
Hi Mark Thank you for the article in your website. VEEM's future looks very promising. Regards Mark Miocevich

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VEEM (VEE)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/12/18

1 year TSR5 year TSR
188thGage Roads Brewing Company7%-13%
209thFFI Holdings4%4%
227thVEEM1%
311thWestoz Investment Company-9%3%
716 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

19/09/18
$15k Bought
07/09/18
$11k Bought
05/09/18
$10k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

51st↑VEEM$41.7m
52nd↑Westoz Investment Company$40.6m
55th↑FFI Holdings$35.4m
56th↑Gage Roads Brewing Company$33.5m
237 listed industrial companies ranked by revenue.
Source: Morningstar

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