NetComm Wireless Ltd.’s stock plunged on weak FY 19 outlook

  • Aug 27, 2018 AEST
  • Team Kalkine
NetComm Wireless Ltd.’s stock plunged on weak FY 19 outlook

Robust FY 18 Performance but weak outlook for FY 19: NetComm Wireless Ltd.’s (ASX: NTC) stock plunged 38.5% on August 27, 2018 (3 PM AEST) to A$0.83 after the company gave weak outlook for FY 19. The company is into developing and selling of broadband products for telecommunications carriers, core network providers, system integrators etc. The revenue for FY 19 is expected to grow slow by 15%-20% driven by a slower than expected rollout of the nbn FTTC project and a slower rollout of the AT&T Fixed Wireless.

The underlying EBITDA is expected to be at a similar level to FY18, on the back of the sales mix changes from higher margin Australian DPU sales to lower margin NCD sales and higher near-term component costs are incurred due to global industry wide shortages. The company has planned an investment of $9 million into 5G solutions in FY 18. For FY 19, the reported EBITDA is expected to be in the range of $15 million to $18 million with earnings skewed to the second half based on the expectations of customer ordering patterns.

Meanwhile, NTC for FY 18 has reported robust result with revenue growth of 69% to $181.7 million and NPAT rose to $8.0 million, compared to prior period loss of $(1.8) million. Therefore, NTC stock has risen 10.66% in three months as on August 24, 2018.

Dividend Stocks To Buy

The Income available from dividends remains attractive for many investors.

We take a look at the best yields on the market and assess what they say about a company’s prospect.

One Thing is certain, though, Australia interest rates are still low, making income difficult to come by and keeping the focus for many investors on high yielding stocks. Kalkine’s team of analysts bought you handpicked report for “Top 25 Dividend Stocks For 2018.”

ASX-relevant Special Reports are published year-round to provide a detailed analysis into an investing opportunity or a potential risk to your portfolio.

Click here to get your free report.


The advice given by Kalkine Pty Ltd and provided on this website is general information only and it does not take into account your investment objectives, financial situation or needs. You should therefore consider whether the advice is appropriate to your investment objectives, financial situation and needs before acting upon it. You should seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) as necessary before acting on any advice. Not all investments are appropriate for all people. and associated websites are published by Kalkine Pty Ltd ABN 34 154 808 312 (Australian Financial Services License Number 425376). website), employees and/or associates of Kalkine Pty Ltd do not hold positions in any of the stocks covered on the website. These stocks can change any time and readers of the reports should not consider these stocks as advice or recommendations.


All pictures are copyright to their respective owner(s) does not claim ownership of any of the pictures displayed on this website unless stated otherwise. Some of the images used on this website are taken from the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image.


There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.

Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.

As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK