FGE
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0.00% 91.5¢ forge group limited

First quick read: 2H EPS down 15%. Final div 20% below interim....

  1. DSD
    15,757 Posts.
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    29/08/13
    16:08
    Post #: 12261956
    First quick read: 2H EPS down 15%. Final div 20% below interim. Including the 290m Dougal River contract which appears to be going ahead, FGE have 15 months wk booked into order book. Mkt reaction... SP down 10% today. I'm disappointed with result as i expected it to at least match 1H. On a low PE but will earnings grow in FY14? need more detail in outlook statement. I'm holding but not intending to buy more.
    FGE Price at posting: $4.73 Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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