SRX 0.00% 17.5¢ sierra rutile holdings limited

4 + signs & 1 - sign from the half yearly , page-6

  1. 221 Posts.
    No doubt the acutal EPS for 2009 is going to be higher than the underlying EPS that I talked about, partly because of FX and partly because of legal costs recovery and its tax effect.

    I am planning to hold on to my shares in the medium term so therfore what I focus on is the underlying operation

    FX gains/losses whether realised or unrealised are really just noises in the numbers (on a medium term time frame). So I exclude them when i try to asseess what's the future maintainable earning.
 
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