I was using consensus forward earnings.
Sales might be increasing, but earnings going backward over the next two years (according to market consensus).
Personally I don't know enough about the profit drivers of the company to give a personal view (hence my reliance on consensus).
However I do know that Markets don't like earnings going backwards, if earnings go backwards there is a high probability that the Market de-rates the stock to lower multiples, hence share price drops.
Ann: Trading update, page-87
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Last
40.0¢ |
Change
-0.015(3.61%) |
Mkt cap ! $112.8M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 41.0¢ | 39.5¢ | $67.65K | 169.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12003 | 39.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 62063 | 2 |
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