Originally Posted by
Beagle
Yes good point on the capex and depreciation Winner. As noted above, this is a very very small part of my portfolio so doesn't warrant the full Beagle work-over and sniff test.
Regarding slide 16 - You tell me on this one mate, full of creative corporate speak or do you believe them ?
Did this weeks ASM effectively amount to an implied profit downgrade ? Is their talk of the need to look for efficiencies in the second half tantamount to admitting their expansionary plans haven't really worked ? Is the Australian acquisition EPS accreative and if not when will it be ?
Do the directors and management truly understand that growth without growth in EPS is useless and unless they're growing the latter they cannot be considered a growth company ?