SBM 7.14% 22.5¢ st barbara limited

Ann: Non-cash impairment of Atlantic Operations expected in FY21, page-32

  1. 13,097 Posts.
    lightbulb Created with Sketch. 2750
    Seriously Sbm ceo - board and numbers people

    guided 250-300 m just 6 days ago

    put through 350 m in today’s writedown

    why bother guiding and being 50 m off in less than a week

    59 m range was wide enough as it was and you missed top end by 50

    Absurd - miss the top end of your own impairment guidance of the 20 th august - by 50 million—

    what hope can shareholders put in your 2022 guidance?

    Big shareholders should take a stick to you -

    this on the back of revised revised guidance again
 
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