EAX 6.52% 24.5¢ energy action limited

Ann: Trading Update and Revised Earnings Guidance, page-3

  1. 2,476 Posts.
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    re: Ann: Trading Update and Revised Earnings ... I think it will get hammered given the premium multiple.

    The warning was in the AGM update, Q1 was below budget and they said FY NPAT would be weighted to the second half. That was enough info for me to dump and wait for the interim result. It seems we don't even need to wait that long.

    I was amazed it put on another 8% following the AGM.

    Still probably a good company but they will need to demonstrate growth again before market falls back in love in my view
 
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