BGL 1.55% $1.31 bellevue gold limited

earnings guidance next week ?, page-2

  1. 564 Posts.
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    If history is any guide we will. However I wouldn't expect huge forecasts. They have consistently under-promised and over-delivered.

    I'd expect them to come out with a forecast they know they can beat. For example something like an EBITDA range of of $3.6 - $4.0 million or $3.8 - $4.2m. Then they'll say after the half year something like: "we expect to hit the top end of the range" and then when they actually report they beat the top end forecast as well.

    I can easily see how the company could make $4.5m EBITDA for FY11 but I don't expect to see that kind of number bandied about at the AGM, I'm looking for something more conservative.
 
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