EPD 0.00% $1.35 empired ltd

Ann: Cohesion Market Update-EPD.AX, page-18

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  1. 26 Posts.
    From the report for H1 :

    http://www.empired.com/Global/Case studies/Half Yearly Financial Report 2016.pdf

    Revenue for the business for the half-year was $78.5 million (HY2014: $50.5 million) representing an increase of 56% on the same period in the preceding half-year.

    Consolidated comprehensive loss after tax for the half-year was $3,702,662 (HY2014: comprehensive income of $1,151,447).

    So - they had 56% more revenue - but made a loss of $3.7m for the half - compared to $1.1m profit the previous.   And no dividend.  

    And - they pushed out the payment for Intergen to July 1, to get it OUT of this FY.

    I'm expecting another loss.   And another drop. I might re-buy when it drops under 20c.
 
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