Wow... good FY16 results, but that guidance for FY17 is...

  1. 322 Posts.
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    Wow... good FY16 results, but that guidance for FY17 is astonishing..

    FY16 EBITDA: $256m
    FY17 guidance: $385-$425m (+$129m to +$169m or up 50 to 66%).

    FY16 NPAT: $53m
    FY17 guidance: $130 to $160m (up $77 to $107m or up 145% to 200%)!!

    Crickey.

    and yet the share price falls.. I know not many analysts cover this stock anymore as they struggle to understand it is a volume play on commodities not price, but they should be paying attention to that outperform.. combined with selling Allied Mills, that extra $77 to $107m of NPAT seriously delevers this company.. will make it a great target for a good PE buyout.
 
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Last
$7.59
Change
0.020(0.26%)
Mkt cap ! $1.687B
Open High Low Value Volume
$7.72 $7.81 $7.56 $7.452M 974.6K

Buyers (Bids)

No. Vol. Price($)
1 750 $7.57
 

Sellers (Offers)

Price($) Vol. No.
$7.60 1850 1
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Last trade - 16.10pm 25/07/2025 (20 minute delay) ?
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