EMB 0.00% $8.43 embelton limited

Ann: Half Year Accounts, page-9

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  1. 17,020 Posts.
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    Well, I thought there would be an earnings downturn, but not nearly as severe as this one:

    em update.JPG

    While some of that fall will be due to the additional costs on-boarded for the interstate expansion (with no commensurate uplift in sales), it is still a clanger in the context of the company's financial history.

    I fully expect the to be able to add to my long-held position at a share price in single figures in coming months.
 
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