SSM service stream limited

Ann: Service Stream HY2020 Results Presentation, page-14

  1. 540 Posts.
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    Bell Potter have updated their forecasts/projections following the 1H 2020 results and maintained a buy rating with a price target of $3.10.
    Full year 2020 EPS forecast of 16c(+6%) and Dividend of 10c(+11%) based on REVENUE of $1009.6 EBITDA of $115.6m and NPAT of $65.2m. They also note that Cash Flow was impacted by higher one off Tax payments and a reduction in income in advance.
    (It is perhaps worthy of note that their first half forecasts were almost 100%accurate). So why the sell down????
    Last edited by crookers: 07/02/20
 
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$1.99
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Price($) Vol. No.
$2.00 88778 9
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