An extraordinary first up reaction! All the company has done is push back projected FY19 NPAT into the FY20 year. Reason" "due to delays with planning authorities in Victoria".
Yes, we have a softening real estate market...but sectors within that market will get hit harder than others. The VLW segment will fare better than others. Given that sales are virtually locked in for FY19 and FY20 we are talking about FY18 eps of around 34c and around 31c for FY19.
I bought more at $2.17 and will be content with the strong dividend stream. It knocks the tripe out of the current interest deposit rates!
- Forums
- ASX - By Stock
- VLW
- Ann: Guidance Update FY19
Ann: Guidance Update FY19, page-3
-
-
- There are more pages in this discussion • 43 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add VLW (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & MD
Charles Armstrong
CEO & MD
Previous Video
Next Video
SPONSORED BY The Market Online