3 weeks ago, in their private client research, SSB forecast a 10% drop in NPAT and eps the current year, and a 0.3% drop for 2006/2007. No doubt other houses have similar estimates.
TLS have come out and confirmed those estimates, so why is the market acting "surprised" with this mornings announcement?
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- why the panic at profit downgrade?
why the panic at profit downgrade?
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