not start the year as strongly as we would have liked

  1. HSP
    5,051 Posts.
    lightbulb Created with Sketch. 82
    This outlook was quite bearish,

    Looking ahead at FY16,
    highly competitive
    pressure on margins.
    Despite our best intentions we did not start the year as strongly as we would have liked

    first quarter----------not good
    second quarter ---------do not know yet
    If  second quarter performed like first quarter, the guidance of range of $5.5 million to $6.5 million would be problem

    paid dividends in
    CY2011  77c
    CY2012  7c
    CY2013  7c
    CY2014  4.5c
    CY2015 6.3c

    usually Interim*2=final
    So the bigger dividend has to wait for 10 months

    sell now and buy back 10 months later
 
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