Personally, I have taken the following statements in these ways:
"growth more modest in the September quarter" = compared to last fy Sept qrtr, sales are expected to grow, but not as much as they did in the July 21 qrtr compared to July 20 qrtr.
^ therefore I am expecting growth Sept 21 compared to Sept 20. Growth is still growth, no matter how modest it is.
"Of course (and as we have already told the market) we have experienced disruption due to Covid which relate more to delays in delivery of our orders and the usual open and close of our operations" = continuing statement from previous reports, but importantly they also state that "deliveries have been brought forward"
^ therefore, this sentiment has existed for the last few qrtr and throughout covid, and due to this mixed with the "more modest growth" s treatment, I'm still expecting growth possibly backed partially by early deliveries.
personally I have taken the view that we are expecting g growth, if this is the case we should still expect market to respond well.
here's hoping my interpretation is correct... I'll keep fingers crossed.
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