GLB 1.15% $2.64 globe international limited

Ann: CEO'S ADDRESS TO SHAREHOLDERS 2018 AGM, page-5

  1. 1,244 Posts.
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    Fair enough. I am holding  a 5 bagger and will hold on longer. I expect they will announce a profit of $5mil to $5.5mil in Feb for the 1st half compared to $3.5 in prior year due mostly to US not losing $1.5 mil.  The US$ impacting margins in UK/Euro and Aust will be partly offset as the US business will deliver more A$ rev and profit. Expect the SP will be well over $3 post results.

    I agree that lack of liquidity is an issue but strong div payments make it worth holding.

 
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