The HY result will be of interest, but I don't think that market expectations are high, certainly mine are not. As has previously been mentioned, capex is likely to be high which will limit any expectations of a great bottom line. This stock is unlikely to hit the sweet spot in NPAT growth until FY14, or even more likely FY15. But the market of course anticipates these attractive growth periods so the share price could well take off before it happens. VOC is also my largest holding and I am happy to sit on it for a few years to reap the long term rewards.
VOC Price at posting:
$1.74 Sentiment: LT Buy Disclosure: Held
