Doing even better than expected. With the sale and impact of Excelior business I had pulled my EPS down from 21.5 cents per share to 20.2 cents per share.
With Mick's comment:
"On an EBITDA level we would expect to be able to repeat this sort of result in the second half"
That brings us back to 21.4 CPS (i.e. 10.7 x 2), but knowing these guys would be erring on the side of caution I reckon we will be looking at 23 cents per share for the full year. And with debt well under control it would set us up for a final dividend of 8-9 cents (10 cents with the wind behind us. So that gives us forecast (at $2.00):
PE: 8.7
Yeild (5c + 9c): 7%
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