CGH 0.00% 11.5¢ calibre group limited

First half: NPATA: $27.5m< 2 month ago FY NPATA forecast:...

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    First half: NPATA: $27.5m
    < 2 month ago FY NPATA forecast: $55-60m NPATA

    Today:
    FY NAPATA forecast: $30-35m

    So basically breaking even to small profit this half. I guess its how rapidly this forecast and the magnitude of the downgrade that has spooked the market.

    It feels like they will be lucky to book a 20m NPAT figure for the full year and at 50c that is a PE of around 7ish, which is pretty much in line with some of the god stocks in this sector ie FGE.

    I will be watching this one closely though.
 
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