Yep Ricardo, Am sure holders were hoping for better numbers but looking through (quickly..am in Phuket on Hols) it doesn`t seem that bad & the outlook seems quite positive. There were a few one off costs non recurring.The order book pipeline looks like its firming & even though dividend was reduced it is fully franked .There are 1.5-2 mil in cost out reductions to work through .So all in all not as bad as the headlines might suggest & perhaps the 2nd 1/2 may surprise on the upside. At least the company is not reliant on China directly which is a plus.Unlike many others which are under heavy short term logistic pressures. Best from the land of Smiles. S:G
ACF Price at posting:
29.0¢ Sentiment: Hold Disclosure: Held
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