ARB 0.89% $38.64 arb corporation limited.

Hi uawkn,Yep, that appears to be what ARB are saying. Even if...

  1. 374 Posts.
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    Hi uawkn,

    Yep, that appears to be what ARB are saying. Even if you were to back out the entire $9.8m of covid support received in Q1 as pure profit (which it ain't), they are still forecasting 1H/2021 EBIT of $60m - $62m, which equates to EBIT of approx $0.76 cps, up from approx $0.43 for the corresponding period or around 76%.

    This profit growth should go some way to justify the high P/E ARB currently trades at...

 
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