Quote Originally Posted by winner69 View Post
Guidance today implies H223 npat normalised of $40m …down a whooping 45% on last years $72m in same period

Challenging times indeed and the man is hinting that things aren’t going to get much better in near future.

Normalised npat of $94m is an eps of 72 cents so currently on a PE of 12 trailing earnings ……..some would say not too outrageous
They made windfall profit from the rise and rise of steel prices in 2020 and 2021.

I dread NZ companies going over to Australia as most come back to NZ with their tails between their legs. Will VSL be any different?