Probably the 5% profit growth outlook (before acquisitions) and the risk of property price declines.
Will have a read and a think, as they might just be being conservative and it doesn't look as bad as the SP is showing.
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- Ann: Appendix 4E and Preliminary Financial Report FY16-GTY.AX
Ann: Appendix 4E and Preliminary Financial Report FY16-GTY.AX, page-3
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