Australian (ASX) Stock Market Forum

WOR - Worley Limited

noted that AFI added Worley to their portfolio in the last half.

Also Increased resources exposure
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Checked out WOR again following Dona's post showing AFI making it a new addition. Can't see that there's much value on offer beyond the current share price. Maybe there's reason to anticipate higher earnings?

P/E = 17-18
P/B = 1.3
ROE = 6-7% avg 3 years
DIV = only 4% unfranked

Monthly Chart showing heightened volume during the decline over 2024, albeit some reversal type candles showing up (hammers) and small bodies. My guess at this point is that it's just a retracement?
Not buying anything much anyway lately but this wouldn't make my list if I were.

Not Held

MONTHLY
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going to have to agree with @finicky there

i bought in November 2021 @ $9.65( ish ) ( reduced in April 2023 @ $14.95 )

maybe it is a case of some potential upside , but not as stressed as some ASX listed stocks will be in the coming year

i expect divs. to be trimmed ( in the majority of cases ) profits challenged and rising costs

i would need $10 (or under to warm up the calculator and consider buying more

BUT maybe AFI have spotted something ( a predator sniffing , rivals having to reduce new expenditure , something like that ) one would have that the conservative LICs would have already had a toehold if deemed worthy of holding
 
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