Is it known how much the sale of OSB assets will net in a one off gain?
Because I am looking at the top line revenue guidance which just looks like it has been firmed up to a narrower range + $5m increase or <1% increase. Yet the bottom line has big jump of 50%
... positive news trend forming now with more good news to follow soon.
Bugger, shudve listened to gut and topped up on recent lows. Still bargain buying IMHO so will keep buying at these levels. Can't go wrong medium/long-term?
Is the euphoria a little misplaced though? Looks like a profit upgrade on the basis of the (unapproved) sale and further cost cutting instead of material revenue increases.
Is the euphoria a little misplaced though? Looks like a profit upgrade on the basis of the (unapproved) sale and further cost cutting instead of material revenue increases.
quote " due to further one-off cost savings, a second half management reforecast, ongoing cost control and continued improvement in satellite and streaming revenues."
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