UXC 0.00% $1.22 uxc limited

net profit & dividend both down 57%, page-13

  1. 3,640 Posts.
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    domdoc: you are buying into optimistic crystal ball opinions of the board.

    The board expected results to be 57% greater than they were last half to clearly show the difference between optimism and realism.

    The market is deflating - ask anyone in IT so I have my doubts that these acquisitions bought for huge forward multiples of earnings will do anything but increase the PER.

    This certainly appears like Geoff Lord II - Bolt on Acquisitions that end up a dog's breakfast.

    IMO 5 year lows coming up by end of year.
 
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