Analysts say business as usual, gross and ebitda margins ahead of their consensus by a teeny tiny amount reflecting increased mix of infant formula as % of total sales
My limited understanding of that rating is its a trading rating related with liquidity and depth. Helps that AIR is tradeable in half cent increments.
Anyway...back to ATM, market seems happy with the results...is there a dial in conference call or am I too late ?
Last edited by Beagle; 22-08-2018 at 10:35 AM.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
They have effectively doubled their cash reserves (or 119mln) within 6 months. And assuming similar growth rate you think they'll be holding close to $330mln ($240+$90) at the least as at 30/06/2018 (FY 2018).
Not a bad prediction re COH from y'day. My estimate was $330mln and from results released today, actual COH is $340mln.
I think it will head down south to about $!0.30-10.50 this week only for the short term. Happy to be proven wrong and will continue to hold either way..
Originally Posted by couta1
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