Hamish is right future NPAT will be greater.
But take a read of page 13 under restructure partnership benefits.
All I read there was costs going here, costs going there and corporate debt facilities.
Taking that in view I am quite confident with the model I work with NPAT will be the lowest in three years in FY21. But will bounce back strongly FY22. Think it will be a good entry level in latter part of the year but see no reason to risk as its cost base is a 2H headwind.. and not the biggest fan of when costs are rising in any company. FY22 guidance is of more interest to me now. I may get it wrong and I may get it right but in terms of risk management I believe I made the right move. I hope it hits $60 soon and I get it wrong.
Ann: 2021 Interim Results Briefing, page-60
Add MFG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$11.10 |
Change
0.315(2.92%) |
Mkt cap ! $1.979B | |||
| Open | High | Low | Value | Volume |
| $10.98 | $11.12 | $10.94 | $5.572M | 504.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 362 | $11.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.10 | 653 | 5 |
View Market Depth
| Last trade - 12.59pm 17/10/2024 (20 minute delay) ? |
| MFG (ASX) Chart |