Nasty stock
Printable View
Nasty stock
Another sailor moon
My expectations after the new sales info have dropped significantly. They are arnt much less than yours though.
Im picking HY2 about $26m so Fy will be down about 8% by my workings.
There is a couple of things in there which are wild cards.
One is the increase in care profit due to increased govt funding. I expect that to be up about c. $3m.
The margins and value of Helier sales in the mix should be much higher than HY1. So despite the drop in sales, the profit on new sales will be compensated to some degree.
One thing which has the potential to upset ( or improve ) the apple cart for me is the large jump in village expenses HY1. I can’t figure out why it jumped $5m or 30%. I’ve been told it’s due to opening 2 sites but I’m not buying that as this magnitude of jump isn’t in keeping with other openings. There is a remote possibility it won’t need to stay this high (possible one off factors as it really is an unusually big jump) and just might reduce but in all likeliness it won’t. I’ve assumed the new high level into my workings.
All these factors make this particular result very unpredictable. I can’t really see how Forbar came up with such a low expectation and hope to heck they are wrong…and you are right;)
Im 50/50 on whether the divi will reinstate. They can afford it , especially if they reduce it. They are still profitable and making $45-$55m , but we will have to wait and see.
ValueNZ, it's obviously up to you where you invest your money.
But I really can't understand why you wouldn't diversify.
OCA isn't a blue chip stock, overall once the property market recovers it should do OK, but aren't their other opportunities you would look at.
I see your Stellantis pick was doing alright for a while there.
Yesterday close 56 cents at least wasn’t 52 week low
But Value probably hoping it’ll make a new 52 week low today