• Full year guidance upgraded to EBITDA between $55 million and $62 million, equating to a net profit after tax of between $29.6 million and $34.6 million.
So very very seasonal - don't make any dosh in 2nd half of year
So excitment all ocer for another six months
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
I might be a little dim but when you read things like - Apple export volumes up 12 per cent on 2015 export volumes / Food Ingredients EBITDA up 33 per cent, / pet food sales volumes up 24% on 1H15 and a whole lot of ther big numbers you expect a bumper result
But NPAT only up 3% - fractionally ahead of same period last year
What am I missing?
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
I might be a little dim but when you read things like - Apple export volumes up 12 per cent on 2015 export volumes / Food Ingredients EBITDA up 33 per cent, / pet food sales volumes up 24% on 1H15 and a whole lot of ther big numbers you expect a bumper result
But NPAT only up 3% - fractionally ahead of same period last year
I might be a little dim but when you read things like - Apple export volumes up 12 per cent on 2015 export volumes / Food Ingredients EBITDA up 33 per cent, / pet food sales volumes up 24% on 1H15 and a whole lot of ther big numbers you expect a bumper result
But NPAT only up 3% - fractionally ahead of same period last year
Main point - IS IT GOOD OR BAD in the eyes of the market
GOOD = share price $4 plus soon
BAD (or just OK) = share price $3 odd
I glad a lightened up a while ago
Market probably expects more IMHO, although I'm not fussed and I'm quite happy with the report. I've only had a chance to briefly whiz through it since I'm at work and although NPAT was only up 3%, it's a lot better than the prospectus and we're managing to keep up, or slightly improve on last years record performance.
Toward his critics, the artist harbours a defensive ace: knowledge that the future will erase the present.
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