Originally Posted by
winner69
FY18 loss less than what they said it might be
All honky dory for FY18
“In summary, based on an assumption of a normal 2017/18 honey production season and a partial recovery of the grey channel we would expect after tax operating earnings for FY18 to be at least equal to our after tax operating earnings of $17.1m achieved in FY16 (over the comparable 12 month period),” Mr. Coulter said.
That's a PE of about 16 - in this basis one of cheaper stocks on the NZX (relative PEs)