Are the chickens coming home to roost after all these years ?
It's the season to paint things Bad as - with as much in Losses & Red Ink as conveniently possible
Dig through the drawer for anything that needs to show some impairment or write downs
Tough times , high interest rates .. don't really want to cough up too much in Div's in volatile times
Dont worry about the sucker stakeholders out there .. the smart ones have probably already loaded
up high on generous Term Deposit rates anyway to be too much bothered with equities
Funny you posted the exact 2 things I was looking for. It took me ages to find the NPAT - I ended up looking at the HY accounts to find it. And when you deduct lease payments from operating cashflows.....you know the rest.
Originally Posted by winner69
Lots of pages but no mention of real profit, like NPAT
Originally Posted by winner69
Found it …NPAT was $15.394m ….down 59% on pcp
Originally Posted by winner69
Weren’t even cash flow +ve ….operating - $1.7m outflow allowing for rents
I like that you posted this:
Originally Posted by winner69
Future looking good though
I'm starting to think some (all?) companies actually believe their own spin....given the numbers of times you have posted that I am convinced it is with your tongue planted firmly in your cheek. Not just MHJ but every other thread where I see this comment. Trying to not be cynical but it's hard to know what to believe.....even from those closest to the business operations.
B!oody RAM RAIDS have taken its toll, MHJ has spent $4 mil in security of its stores, sign of the times, judges soft of rat bags , sad and sorry country where the great unwashed rule.
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