Why I’m Selling My IPD Group Shares (ASX: IPG)
IPD Group (ASX: IPG) FY25 results show falling margins and mixed revenue trends. Here’s why I will sell my IPG shares.
IPD Group Limited (ASX: IPG) is an Australian electrical infrastructure company headquartered in Wetherill Park, New South Wales. Founded in 1889, the company specialises in the distribution of electrical equipment and the provision of related services.
IPD operates through two primary divisions: the Products division, which offers power distribution, industrial and motor control, automation and communication, power monitoring, and hazardous area equipment; and the Services division, providing installation, commissioning, calibration, testing, maintenance, and repair services. The company partners with global brands such as ABB, Elsteel, Emerson, and Red Lion to deliver comprehensive solutions to clients across various sectors, including power generation, commercial, hospitality, infrastructure, and sports and leisure facilities.
IPD Group listed on the ASX on 17 December 2021 at an IPO price of $1.20 per share.
IPD Group (ASX: IPG) FY25 results show falling margins and mixed revenue trends. Here’s why I will sell my IPG shares.
The lack of earnings visibility is a real thorn in my side.
IPD Group (ASX: IPG) reported decent results and the IPD Group share price has moved up slightly, despite weak commercial construction.
I don’t have full confidence for the long term, but I do think the valuation has become attractive.
While profit was strong free cash flow was weak.
Here are some of the small-cap Annual General Meetings coming up this month.
The IPD Group (ASX: IPD) is up a whipping 110% in the last year, but is the easy money behind us after the FY 2023 IPD Group results?
IPD Group (ASX: IPG) is a recently listed electrical component distribution company that is already profitable and paying dividends.
These 5 ASX small-cap companies all disclosed continuing growth in their AGM presentations, providing a good opportunity to check in on the thesis.
These 5 stocks each have strong share price momentum backed up by strong recent profit growth.