The "GUD Outlook" released through JP Morgan on 17th April stated "Further improvement in financial performance expected in H2 FY19"
I'm fairly new to the world of investing and the terminology therein. If the result is as you predict, have they failed to anticipate their result accurately from as recently as two months ago or is that heading something they can drive a truck through without getting hurt. I would have expected (from their heading) EBIT of about $48m for the half. We'll know tomorrow of course but if you're right it confirms one of my rules for investing that I'm building as I learn - "Nobody audits a Power Point slide".
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