Ebos Limited EBO

[Onion]

I closed out at 17.90 y'day simply because I felt it had overrun in the short term, and despite considering this a great company I was only playing it in the short term.
in at 16.56 on the 4th so 8% in a week.

I closed out at 11.60ish some time ago simply because I felt it had overrun in the short term, and despite considering this a great company I was only playing it in the short term.

Ho hum; the lessons we learn!

My lesson? That I am not smarter than the market. For some companies it is better to get them at a reasonable price and then let the company do its job.

[peat]

I closed out at 11.60ish some time ago simply because I felt it had overrun in the short term, and despite considering this a great company I was only playing it in the short term.

Ho hum; the lessons we learn!

My lesson? That I am not smarter than the market. For some companies it is better to get them at a reasonable price and then let the company do its job.

hey onion you are making me cry!
yes I totally hear what you say, but please refer to http://www.sharetrader.co.nz/showthr...-expensive-now

[LAC]

Exceeded my expectation
https://www.nzx.com/files/attachments/242178.pdf

[percy]

Exceeded my expectation
https://www.nzx.com/files/attachments/242178.pdf

Absolute stunner.What a way to start the day.!!
When I expected 12% revenue growth they did over 16.5%.
Where I expected eps to be up 12% they were up over 18% to 84cps.
Far exceeded my most optimistic expectations.
And the icing on the cake is the final divie is increased by 30% yes 30% to 32.5cps.
The outlook is for continued growth with an update to be given at the agm on 19th October.[I will be there.]
Well done Ebos.

[h2so4]

Absolute stunner.What a way to start the day.!!
When I expected 12% revenue growth they did over 16.5%.
Where I expected eps to be up 12% they were up over 18% to 84cps.
Far exceeded my most optimistic expectations.
And the icing on the cake is the final divie is increased by 30% yes 30% to 32.5cps.
The outlook is for continued growth with an update to be given at the agm on 19th October.[I will be there.]
Well done Ebos.

It sort of takes your breath away doesn't it.
What an insane result.
EBO at the top of its business cycle has entered a sustained period of prosperity.

[LAC]

An absolute cracker, I just had a look at my spreadsheet and all figures that I used for "ridiculously high" estimates have been shot. Even revenue was higher than my ridiculous estimation.
I haven't been a long holder but the more I research this company the more like it.

[Biscuit]

An absolute cracker, I just had a look at my spreadsheet and all figures that I used for "ridiculously high" estimates have been shot. Even revenue was higher than my ridiculous estimation.
I haven't been a long holder but the more I research this company the more like it.

Comprehensive income not that great though, they are taking a hit from relative weakness in Aussie dollars.

[winner69]

Comprehensive income not that great though, they are taking a hit from relative weakness in Aussie dollars.

Bear in mind these items are "Items that may be reclassified subsequently to profit or loss:"

No worries

[Biscuit]

Bear in mind these items are "Items that may be reclassified subsequently to profit or loss:"

No worries

I'm not at all knowledgeable about this. I guess EBO doesn't account for this in profit and loss because it reflects overseas "production" and sales, whereas exporters like SCL take a direct hit on currency movements between their point of manufacture and point of sales. Is that right?

[winner69]

I'm not at all knowledgeable about this. I guess EBO doesn't account for this in profit and loss because it reflects overseas "production" and sales, whereas exporters like SCL take a direct hit on currency movements between their point of manufacture and point of sales. Is that right?

Biscuits - its this

Exchange differences, principally relating to the translation from Australian dollars, being the functional currency of the Group’s foreign controlled entities in Australia, into New Zealand dollars being the Group’s presentation currency, are brought to account by entries made directly in other comprehensive income and accumulated in the foreign currency translation reserve.

The key word is 'translation' - ie converting the Aussie (and other) accounts into NZD. Day to day trading impacts are probably already accounted for in the respective country P&Ls

You be non the wiser with this explanation but no need to worry about it, just complicates things. the year before it was a big positive number.