Latest news with #Cleanaway
Yahoo
21-07-2025
- Business
- Yahoo
At AU$2.88, Is Cleanaway Waste Management Limited (ASX:CWY) Worth Looking At Closely?
Cleanaway Waste Management Limited (ASX:CWY), is not the largest company out there, but it saw a decent share price growth of 13% on the ASX over the last few months. The company's trading levels have approached the yearly peak, following the recent bounce in the share price. With many analysts covering the mid-cap stock, we may expect any price-sensitive announcements have already been factored into the stock's share price. However, could the stock still be trading at a relatively cheap price? Let's examine Cleanaway Waste Management's valuation and outlook in more detail to determine if there's still a bargain opportunity. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. What's The Opportunity In Cleanaway Waste Management? Good news, investors! Cleanaway Waste Management is still a bargain right now. According to our valuation, the intrinsic value for the stock is A$4.20, but it is currently trading at AU$2.88 on the share market, meaning that there is still an opportunity to buy now. Cleanaway Waste Management's share price also seems relatively stable compared to the rest of the market, as indicated by its low beta. If you believe the share price should eventually reach its true value, a low beta could suggest it is unlikely to rapidly do so anytime soon, and once it's there, it may be hard to fall back down into an attractive buying range. View our latest analysis for Cleanaway Waste Management What does the future of Cleanaway Waste Management look like? Future outlook is an important aspect when you're looking at buying a stock, especially if you are an investor looking for growth in your portfolio. Although value investors would argue that it's the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. Cleanaway Waste Management's earnings over the next few years are expected to increase by 95%, indicating a highly optimistic future ahead. This should lead to more robust cash flows, feeding into a higher share value. What This Means For You Are you a shareholder? Since CWY is currently undervalued, it may be a great time to increase your holdings in the stock. With a positive outlook on the horizon, it seems like this growth has not yet been fully factored into the share price. However, there are also other factors such as financial health to consider, which could explain the current undervaluation. Are you a potential investor? If you've been keeping an eye on CWY for a while, now might be the time to enter the stock. Its buoyant future outlook isn't fully reflected in the current share price yet, which means it's not too late to buy CWY. But before you make any investment decisions, consider other factors such as the strength of its balance sheet, in order to make a well-informed investment decision. It can be quite valuable to consider what analysts expect for Cleanaway Waste Management from their most recent forecasts. So feel free to check out our free graph representing analyst forecasts. If you are no longer interested in Cleanaway Waste Management, you can use our free platform to see our list of over 50 other stocks with a high growth potential. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
News.com.au
04-07-2025
- Business
- News.com.au
Lunch Wrap: ASX snuggles up to Wall Street high as ‘big beautiful bill' passes
Tech and retailers jump this morning Trump teases tariff letters as "big beautiful bill" passes Cleanaway and Santos ink deals; Magellan shrugs off outflows It's lunchtime in the east and the local market is tucking into a modest rally. The benchmark ASX 200 is 0.15% stronger, eyeing that mid-week record. Local traders took their cue from an abbreviated but exuberant session on Wall Street overnight, where traders clocked off at 1 pm for the Fourth of July holiday. The S&P 500, Nasdaq and Dow still managed to bang out fresh records. A 'big, beautiful' US$3.4 trillion fiscal bill has now slid through the House. The US Senate passed it 51–50 (VP Vance casting the tieâ€'breaker), the House followed 218–214 last night, and Trump will sign it later tonight. Trump also hinted at unilateral 'reciprocal' tariffs if trading partners don't play nice by July 9. He threatened to start firing off letters, 'maybe 10 a day', spelling out who's going to pay what to do business with the US. Elsewhere in the commodities space, iron ore has clambered back over US$96/t in Singapore as Beijing vows to stamp out 'disorderly' low-price steel competition. Gold eased nearly 1% after a strong US jobs data overnight torpedoed immediate Fed-cut dreams, though bullion's still up 25% year-to-date. Back home on the ASX, the baton has been passed from miners to tech this morning. Local software names shadowed the Nasdaq. Appen (ASX:APX) was up 8%, Life360 (ASX:360) by 3%. RBA rate-cut rumours for next week put a spring in shoppers' steps too. Wesfarmers (ASX:WES) and Myer (ASX:MYR) jumped 1% each. In the large caps news, Cleanaway (ASX:CWY) spiked 2% after the ACCC gave the nod to its $377m swoop on Contract Resources. Regulator Philip Williams said he didn't see competition issues in industrial services. Engineering contractor Monadelphous Group (ASX:MND) nudged 1.5% higher after locking in over $100 million worth of work with Technip Energies. And, Santos (ASX:STO) inked a mid-term deal with QatarEnergy Trading for roughly half a million tonnes of LNG a year over two years. STO shares were down 0.3%. ASX SMALL CAP WINNERS Here are the best performing ASX small cap stocks for July 4 : Security Description Last % Volume MktCap GMN Gold Mountain Ltd 0.002 100% 105,995,646 $5,619,759 GLL Galilee Energy Ltd 0.008 60% 1,794,993 $3,535,964 DY6 Dy6Metalsltd 0.210 35% 2,190,750 $11,541,688 AOA Ausmon Resorces 0.002 33% 3,402,438 $1,966,820 SFG Seafarms Group Ltd 0.002 33% 456,473 $7,254,899 WMG Western Mines 0.250 25% 266,072 $19,357,669 MSG Mcs Services Limited 0.005 25% 250,001 $792,399 TEM Tempest Minerals 0.005 25% 100,589 $4,407,180 SLH Silk Logistics 2.105 22% 590,694 $140,261,869 OKJ Oakajee Corp Ltd 0.040 21% 12,200 $3,017,719 KPO Kalina Power Limited 0.006 20% 2,541,951 $14,664,978 AUG Augustus Minerals 0.032 19% 551,238 $4,588,554 CR1 Constellation Res 0.130 18% 2,800 $6,934,315 ICE Icetana Limited 0.087 18% 1,021,675 $39,355,118 CVR Cavalierresources 0.235 18% 175,056 $11,568,443 ATX Amplia Therapeutics 0.275 17% 4,960,449 $91,168,877 3DP Pointerra Limited 0.062 17% 1,670,193 $42,669,070 ENL Enlitic Inc. 0.035 17% 1,715,848 $24,768,486 CAV Carnavale Resources 0.004 17% 496,875 $12,270,655 MGU Magnum Mining & Exp 0.007 17% 1,000,000 $13,908,223 PUA Peak Minerals Ltd 0.050 16% 27,063,376 $120,714,815 FCL Fineos Corp Hold PLC 2.730 16% 215,651 $795,474,213 5GG Pentanet 0.030 15% 821,149 $11,262,463 MAG Magmatic Resrce Ltd 0.060 15% 2,399,751 $22,997,037 The ACCC said it won't oppose DP World Australia's proposed takeover of Silk Logistics Holdings (ASX:SLH), clearing a key hurdle for the deal. After digging into the details, the watchdog found the merger is unlikely to hurt competition, even if DP World gains control of Silk's trucking and warehousing arm. So, for now, it's game on, with final approvals still needed from FIRB, shareholders and the court. Medical AI company Enlitic (ASX:ENL) said it's now met the financial requirements under its MOU with GE HealthCare, after completing a $10 million capital raise in June. It has signed an Advanced Payment Agreement, unlocking a US$2 million upfront payment from GE and clearing the way for their strategic collaboration to move forward. Enlitic's US arm Laitek is expected to deliver up to $46 million in data migration work over the next five years. Mining-software outfit RPM Global (ASX:RUL) said a busy second half lifted its FY25 total contracted value to $100.8m, up 31%, with subscription licences surging. RUL has booked $69.1m in ARR and a record $200m non-cancellable backlog, 24 % higher than a year ago. ASX SMALL CAP LOSERS Here are the worst performing ASX small cap stocks for July 4 : Code Name Price % Change Volume Market Cap HLX Helix Resources 0.001 -50% 58,000 $6,728,387 AXP AXP Energy Ltd 0.001 -33% 109,654 $10,027,021 PRX Prodigy Gold NL 0.002 -33% 740,000 $9,525,167 IPB IPB Petroleum Ltd 0.005 -29% 1,029,310 $4,944,821 EEL Enrg Elements Ltd 0.002 -25% 4,206,979 $6,507,557 RLC Reedy Lagoon Corp. 0.002 -25% 152,677 $1,553,413 LKO Lakes Blue Energy 0.750 -25% 682,656 $58,770,705 HPC Thehydration 0.011 -21% 784,289 $5,408,213 DDT DataDot Technology 0.004 -20% 350,001 $6,054,764 FHS Freehill Mining Ltd. 0.004 -20% 3,754,989 $17,069,268 AR9 Archtis Limited 0.215 -19% 1,971,854 $76,653,102 NHE Nobleheliumlimited 0.029 -17% 665,136 $20,983,375 CDE Codeifai Limited 0.044 -17% 7,147,484 $23,475,738 RPG Raptis Group Limited 0.075 -17% 45,742 $31,561,637 ALM Alma Metals Ltd 0.005 -17% 2,033,841 $11,104,423 ALY Alchemy Resource Ltd 0.005 -17% 77,904 $7,068,458 FBR FBR Ltd 0.005 -17% 2,361,139 $34,136,713 AKN Auking Mining Ltd 0.006 -14% 111,904 $4,023,451 EMT Emetals Limited 0.003 -14% 213,214 $2,975,000 OVT Ovanti Limited 0.006 -14% 39,046,423 $29,850,265 RC1 Redcastle Resources 0.007 -13% 910,000 $5,948,535 MDR Medadvisor Limited 0.057 -12% 2,261,562 $40,611,029 CGR Cgnresourceslimited 0.070 -11% 115,219 $7,171,477 IN CASE YOU MISSED IT Drilling at Nimy Resources' (ASX:NIM) Mons project in WA has extended known gallium mineralisation to a 450m by 300m area after returning further high-grade intersections. Canaccord Genuity has upgraded its price target for Ausgold (ASX:AUC) to $1.65 following a 'compelling' DFS for its Katanning gold project.
