TGA 0.00% $1.17 thorn group limited

Ann: Profit Guidance, page-52

  1. 4,304 Posts.
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    I can't see the consumer leasing side of things even getting to $200m in FY18 (over $250m in FY17) ...and probably on a reduced margin to boot. At the bottom end of their NPAT there is just 10.6c of EPS...I think this will turn out to be generous. Too many black clouds to tarverse here and too many do-gooders baying for their blood. I bet the new CEO is thinking twice. Singapore might well be a good place for him for the next few years, methinks.

    Really a sad outlook, but maybe Crazy does have a point...perhaps there has been some culpability and pretension shown by management. Sorry, even 60c is of no interest to me - getting stopped out at $1.18 some time ago now looks like a Christmas present come early.
    Last edited by PortfolioPlus: 17/10/17
 
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