market obviously doesnt care about Mike Smith.
Originally Posted by peat market obviously doesnt care about Mike Smith. And that feeling probably not limited to Mr.Market. What an utter waste of time and probably all paid for one way or another with taxpayer grants
OMG — a huge profit downgrade — like $60m less than previous one — that’s 13% less And dividend to be less than they said But no worries - still a great yield stock Get in early at the open for the sale of the century (OK the decade)
”When investors are euphoric, they are incapable of recognising euphoria itself “
Z energy profit downgrade today see here
Originally Posted by winner69 OMG — a huge profit downgrade — like $60m less than previous one — that’s 13% less And dividend to be less than they said But no worries - still a great yield stock Get in early at the open for the sale of the century (OK the decade) Don't they say downgrades come in three's? Might be a bit early to queue up for cheap shares today ...
---- "Prediction is very difficult, especially about the future" (Niels Bohr)
So they are going to make less in F2020 than in F2019 - not good Didn’t they have 2 earnings downgrades last year before they hyped it up as year went along. Their forecasting about as good as Comvita’s.
Originally Posted by BlackPeter Don't they say downgrades come in three's? Might be a bit early to queue up for cheap shares today ... Just have to average down eh BP Great yield at $5. ...esp for a company providing a consumer staple
Last edited by winner69; 12-09-2019 at 08:09 AM.
So it looks like earnings are going to decline 2 years in a row. they said F2019 was a ‘year of two halves’ Hopefully F2020 will be as well. Consumers obviously the winners at the moment ....better tell Jacinda
Originally Posted by winner69 OMG — a huge profit downgrade — like $60m less than previous one — that’s 13% less And dividend to be less than they said But no worries - still a great yield stock Get in early at the open for the sale of the century (OK the decade) Well that explains yesterdays price drop for no apparent reason. Leaky boat.
massive down grade in profits , not surprised really have mentioned on the thread gull and waitomo would eat there lunch. cut in dividends just goes to show its not a reliable form of income.
Last edited by bull....; 12-09-2019 at 08:28 AM.
one step ahead of the herd
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Originally Posted by peat
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