How did you establish 80m per year as net profit for full year on MYR ?
I assume that you have added the 40m from the first half and assumed the 2nd half will also be 40m
Last year the first half was about 65m and the second half was Zip, nada. So Full year was 65m
This year the first half is down 25m, from 65m to 40m. And the Second half could also be down .
So if the 2nd half was nil last year, it could be down about 15m from last year, meaning a -15m for the 2nd half.
That would make a full year of 25m, thats if first half 40m and 2nd half -15m = full year 25m.
Thats pretty much what I think the market expects, But Im happy for someone to correct this if Im wrong with this estimate.
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