Very strong result and they are very bullish about the outlook for ongoing growth and are promising dividends will lift in line with growth in the years ahead. WOW !
Well done to Todd Hunter and the team, you've doing an awesome job !! Amazing that finance is a bigger contributor to net profit than automotive retail, fantastic job. They've really turned that division into a winner ! http://nzx-prod-s7fsd7f98s.s3-websit...761/346810.pdf
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
Clear message from market that shareholders want yield + growth supported from existing capital base - Really good that Todd engages with shareholders on here and listens to market feedback.
WOW - dividends expected to increase at 7.7% per annum and earnings at 9.5% per annum for the next 3 years.
I think we're headed to $5 a lot earlier than the roadmap suggests
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
Your love affair with Todd runs hot and cold .... from being seduced by his charm at a shareholder briefing .... thenn going off him and saying not so nice things about him when things weren't going that well .....to now it seems he is the best thing since sliced bread
Suppose it all depends on the share price etc ..... interesting topic the halo effect.
Please don't take offence - just an observation I've made over the years
Yes, great result .... probably good management and not luck ...and the halo has got its glow back.
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
Reply With Quote
Originally Posted by Rawz
Bookmarks