Australia's largest stock trading and investment forum Australia's #1 stock forum

CGC

Click for more information

0.00%

$3.19 costa group holdings limited

CGC a short, page-40

First 40 Last

Share
Profile

Follow
crazydude326

8 Posts.

22/02/21

09:26

Post #: 51202958
Share

Originally posted by mybox: ↑

This is the comment from Morgans about CGC:

With retail demand/pricing largely favourable across its portfolio of domestic produce categories, we expect CGC to deliver a strong earnings recovery on an extremely weak pcp and see upside risk to our FY20F NPAT-SL forecast of A$52.2m and Factset consensus of A$48.1m (distorted by AASB16).

https://www.morgans.com.au/research-and-markets/reporting-calendar

I am assessing the market reaction on the report day versus what Morgans has predicted for different companies since 2/2/21 and generally there is a good correlation between them. For example, their prediction for ING was a solid 1H result, which was correct and ING SP jumped by a few percent today with release of Half Year Results.

IMO their Reporting Season Calendar could be a useful guide.

Expand

well certainly looks like they smashed the FY20 NPAT-SL to $59.4m that's pretty solid hopefully we finally break the $4.20 mark, we've visiting that Price point a few times now.

expecting good things going forward!

CGC Price at posting: $4.01 Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

CUF

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

IRX

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

CLE

Cyclone signs MOU with Vale for development of Iron Bear play

HotCopper Highlights: Your most watched stocks for Week 46, 2024

EEG

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

BNL

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

GDM

Banshee's historic trenches prove rich in antimony and gold for GDM

First 40 Last

Add CGC (ASX) to my watchlist

SPONSORED BY