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Ann: Profit FY20 Expected Up 2.5 Times, page-21

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  1. 1,939 Posts.
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    A quick check of period Jan - June 2019 indicates sales were $7.73m. This year anticipated FY sales are quoted at being about $18m and sales June - Dec 2019 were $11.8m so this half they are expecting to come in at $6.2m. So they are forecasting being down $1.53m compared with last year for the last half. It does seem a bit disappointing when compared with the forecasts of $30m we saw in Nov 19 despite endeavouring to allow for the Codiv 19 effects. But I am inclined to listen to Klogg and be a little more lenient when more extreme lockdowns have occurred in Europe, UK and America compared with our constraints and much shorter timing. I am with you Klogg.
 
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