An incredible record.1984 to 2019
Ron Brierley told him in the early days he thought the limit of their revenue would be $40 mil.!!
Luckily for shareholders Mark thought otherwise.
Liz Coutts will make an excellent chair.
I am not at all sure how you draw that conclusion esp re the outlook , percy.
I saw "confident of a significant increase in earnings in FY20". Significant is a word I would hope someone shouldn't use lightly. Significant is a lot more than a little bit. So I am quite hopeful on the outlook front.
The market seems to agree +110 today (4.5%)
I am however increasingly aware of over-valuation and exponential price movement however remain glad that I have a rule not to sell any more.
EBO's PE ratio is over 5 or 6 times their eps growth.
And that significant increase in earnings for FY20 is really going to have to be very significant.
it is true that most of the comparative figures are of modest increases and the one that counts most of all eps, is actually a slight minus.
Underlying results better though, and they are more indicative imo.
However it has been noted previously that Ebos growth is a bit lumpy so we know to have patience and they will perform.
Personally, i wasn't that impressed. The numbers looked unimpressive, but the words were good. Im not worried about the company, though. Still solid. Beats the bank. Hopefully better growth next year.
Ebos by the numbers was "modest". Sp goes up.
Atm profit increase was massive. Sp goes down.
...i get it... its opposite day! Wait... let me get in the spirit of the day... its NOT opposite day
Disclaimer: I am (not) a holder... or am i? Opposite day is (not) very confusing.
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