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View Full Version : Aussie manufacturers looking sick



noodles
18-10-2013, 02:20 PM
I have been following the AGM season in Australia. What is striking is the lower earning expectations given on some Aussie manufacturers. They are blaming election, mining downturn, higher costs etc.

So far we have seem GAP, MXI, and ARP all forecast lower earnings for 1H14.

Can anyone suggest the next poor AGM result?

Looking for shorting opportunities here.