the search for yield, page-16

I don't expect it to match the first half as past earnings have never shown that type of slant. There is a skew to the earnings end Dec being larger than end June.
HOWEVER, even a 50% 2nd half to 1st half still means significant undervalue. There is plenty of franking credits on the balance sheet as well.

I am very very long SFH so hopeful but ...