imo, investors had much too high expectations on full-year...

  1. HSP
    5,051 Posts.
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    imo,
    investors had much too high expectations on full-year earnings as,
    average of brokers PT=$4.40 in 12 months if met broker's expectations, -------->considering 10% swing, current sp approx $4.00
    sp at the eve of the result report =$5.17------->23% too high
    However, underlying NPAT=$183.8m is less than consensus =$190.5m------------->PT should be less than broker average, less $4.00

    added some short positions today
 
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