Ann: Trading Update and Revised Earnings Guidance, page-10

re: Ann: Trading Update and Revised Earnings ... What a ride.

I've re-jigged my value calculations and it is starting to look good around the $3.20 level. Not sure if I'll get in fully just yet (but did a preliminary purchase at that level just now).

"If there is no growth expected for a year I dump everything" Interesting approach, Peter. I tend to look at the earnings, dividend, Op CF etc and if the returns are reasonable, I'll hold, regardless of growth prospects. (but I'll accept a lower yield profile if there does seem to be growth prospects - EAX was in that category, but is moving towards the 'reasonable return' category.)