Ainsworth’s announcement is a bit ambiguous but they appear to be raising the half year pre tax profit forecast which was released in May by 15% from $20 to $23 m .
This is also considerably higher than lyr and yet the price moved backwards.
Maybe the negative comments regarding Argentina are the reason. It’s a pity the company made no attempt to quantify the possible outcomes in this region.
My personal sentiment is that the stock is worth owning .
Ann: AGI Release re Argentina Market & Financial Results, page-3
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