further disappointment today, >50% decrease profit for h1 is tough to swallow.
im glad to be out at present.
long term agi should do well but this result will worsen sentiment in the coming months in an already negative market.
feb is crucial. if they can deliver the synergies and the bottom line earnings growth they are promising, the sp will finally turn upwards.
im predicting around 1.60 short term but this could be a good entry point for a patient medium term investor so ill keep it on the watch list.
Ann: AGI Chairman and CEO AGM Addresses to Shareholders, page-2
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