How much do you guys think marketing and employment expense will increase next FY? It increased a lot last year which subdued the EPS. Is this the year we see a bit of leverage which could lead to very good EPS growth? Or do we have to wait for more set up etc costs still. In my opinion this is one reason the SP doesn't have a rocket under it, no one is confident that leverage is just around the corner because of increasing expenses. Therefore a lower PE is justified.. For now
MBE Price at posting:
23.0¢ Sentiment: Buy Disclosure: Held