ELD mgmt are still forecasting FY23 to be the second best year of EBIT in company history.
Don't understand the massive sell-off if this forecast is to be believed.
If SH's don't believe the forecast, it could be due to fear that El Nino will wipe away all mgmt assumptions and EBIT will be much lower, or, mgmt is incompetent and their assumptions cannot be believed.
I am new to ELD but I am prepared to believe that EBIT will be close to $180m. Therefore the current SP is good value and I await the dividends.
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$8.16 |
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Mkt cap ! $1.284B |
Open | High | Low | Value | Volume |
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Buyers (Bids)
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Price($) | Vol. | No. |
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2 | 1348 | 8.150 |
1 | 1403 | 8.140 |
3 | 1503 | 8.130 |
1 | 1403 | 8.120 |
Price($) | Vol. | No. |
---|---|---|
8.170 | 459 | 1 |
8.220 | 1403 | 1 |
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8.250 | 1403 | 1 |
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