Nice movement today:)
Really would like to know what the margins are expected to be.
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Nice movement today:)
Really would like to know what the margins are expected to be.
Yesterday EBO became the largest constituent of my NZX investment portfolio, swapping places with SCL.
Today EBO achieved 'seriously-overweight' status in the same portfolio.
As has been mentioned whilst we are told that it is $1B of new revenue from 2019 onwards we do not know the increase in profit that will come along that.
Looking back at prior years accounts and extrapolating I would hope that the absolute minimum addition to the NPAT is $17.5M and would expect a few dollars more.
But this is all a year or two away.
Meanwhile I have been told that in a former life that percy and I had a competition as to when the $20 level would be reached/breached.
I have no recollection of this but I am sure that I would have picked the 3rd July 2018.
So next stop for the share price is a retreat to $19.50 to fill that gap and then $100 here we come.
https://iadsb.tmgrup.com.tr/3b7898/0...551.jpg&mw=550
Wow! Up $2.55 over the first two trading days of the month. Before this price rise I was saying in another thread that this was a stock I could lock away for ten years. I've already held since 2007 and the gains have been very good. A 3½ bagger so far. Originally purchased because I judged it undervalued but it has shown plenty of growth characteristics.:)
I am a long term holder. Love them . Have topped up yesterday.