MHJ - Michael Hill International.

[Waltzing]

Its a typo... H120..

someone typed the wrong year..

[Rawz]

Bit confused --- they say H122 EBIT be more than H121 of $44.6m

Let's say $50m ....but they reported $58.9m in H121 --- so are profits actually going backwards

Must be some adjustments somewhere

Yeah all this underlying ebit and comparable reporting stuff eh..

Im just going to look at top line and bottom line. 'Keep it simple, stupid'

Master Winner, let us know if you smell a rat in the way they report the numbers

[Waltzing]

its the wrong year someone in media put the previous years number in there...

expect they will correct it shortly..thats the number for H120...still not a good look and everyone much be down with OMI.

Just emailed the CFO.

[Rawz]

For you Waltz

H121.JPG

Hence why Ill just be looking at revenue and profit. much easier.

[Waltzing]

" Statutory earnings before interest and tax (EBIT) increased by 66.9% to $58.9m (FY20H1: $35.3m)"
"Comparable EBIT1 of $44.6m against $31.6m for FY20H1."

from H Year 21..

H20 had a similar number before i checked back...

Numbers look ok.

[winner69]

For you Waltz

H121.JPG

Hence why Ill just be looking at revenue and profit. much easier.

So you will be looking how H122 revenues have gone v $317.0m last year and NPAT compared to $38.9m last year

[Waltzing]

21 H1 result.

• Statutory net profit after tax increased by 82.1% to $39.0m (FY20H1: $21.4m).
• Statutory earnings before interest and tax (EBIT) increased by 66.9% to $58.9m (FY20H1: $35.3m)
• Comparable EBIT1 of $44.6m against $31.6m for FY20H1

[Rawz]

So you will be looking how H122 revenues have gone v $317.0m last year and NPAT compared to $38.9m last year

Yeah thats right. Unless they have closed a heap of stores then ill concentrate on underlying ebit lol

Okay final guess.

	H122	H121	PCP Increase
Revenue	$ 349,640	$ 319,884	9%
EBIT (Underlying)	$ 49,060	$ 44,600	10%
NPAT	$ 43,173	$ 38,900	11%

[sb9]

Well not long to go for big reveal tomorrow re Q2 trading update and more colour on 1H22.

[Waltzing]

we lightened a fraction today as europe beckons...and hoping for some tech pull backs in the US as the FED has to tighten...

this thing has very little hope of seeing 1.40 again based on increases of EBIT and EBIT1.

we think 2 dollars.