'2nd half is usually stronger than the first half'
Are you sure? Comparing last years first half with the annual report that seems to be the case in terms of net profit. I'm puzzled however by the company's announcement from 16/12/14 which says,
'At this stage it appears that the greater share of the FY15 full year earnings will be generated in the first six months of the financial year.'
Anyone have any thoughts on why that would be? Only just started looking at this stock and would be interested if others who've been following longer know more. Obviously 'at this stage' means they might be proven wrong but there must some reason why they expect the second half not to be as good as the first.
MWR Price at posting:
$1.29 Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)