Not to mention a large buy back announcement and who knows what else. Tomorrow will be a good day :).
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I would be happy anything in vicinity of $370m-$380m mark (which is growth of 40% from last year 4M figure of $262m), anything more than would be a nice bonus, as the stock would quickly rerate.
My gut feel says they would be some sort of capital management initiative like share buy-back if they have no further plans of acquisitions or investments. After all what would they with all that ever growing pile of cash reserves, lost count how much would that be now close to $400m?
TA is looking positive from the recent low 14th to-date leading into the AGM. Eyes on the AGM tomorrow, hopefully some super performance stats and forecast to put the insider sell downs behind us and a reminder of the future ahead.
***grabs box of popcorn and awaits the action***
From Jaynes address:
And, continuing the trend, we have today also released a record result for the first four months of the year. We are reporting first four months: Revenue of $368.4 million, which represents a growth of 40.5% over prior year; EBITDA of $124.2 million, 58.5% growth on prior year; Profit before tax is $124.9 million up 60.0% and NPAT is $86.0 million up 64.5%.
No mention I can see of what they are going to do with cash mountain.....