I was expecting bad results...this looks much worse than bad. Don't know what is the right word to describe it.
Half Year profit of $18m and they are expecting Full year profit to be in the range of $17m to $21m? So they are saying that it's likely they won't make any profit for H2, and will be making a loss of $1m.
compares to year ago, npat is down by 48%. So if SP reflected that plus reducing the PE from 30 to 15, what will happen to SP?
very disappointed.
BKL Price at posting:
$89.44 Sentiment: Hold Disclosure: Held