Forecast for underlying EBIT is $700 to $770 million which will make EBIT for the year around the $1.6 billion mark
They are generating a lot of cash atm, what they do with it, nobody knows. They'll continue the buy back and will have about $1 billion dollars in the bank.
They may wait a little longer before offering a special dividend (more franking credits) or an off-market buyback to give that cash back to shareholders.
I've notice HRC prices have come off the last week which could have a negative on forecasts.
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Last
$21.88 |
Change
0.290(1.34%) |
Mkt cap ! $9.600B |
Open | High | Low | Value | Volume |
$21.80 | $22.24 | $21.57 | $24.36M | 1.111M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 16001 | $21.87 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$21.93 | 147 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 12752 | 21.870 |
2 | 5801 | 21.850 |
2 | 3475 | 21.840 |
1 | 1601 | 21.830 |
3 | 5950 | 21.820 |
Price($) | Vol. | No. |
---|---|---|
21.950 | 1014 | 2 |
21.980 | 4936 | 1 |
22.000 | 4936 | 1 |
22.020 | 4936 | 1 |
22.030 | 4936 | 1 |
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