The guided forecast was $15.89 mill but the first half contributed $4.741 mill which is somewhat below what I expected.
Based on previous history, NPAT, H1: 40% and H2: 60%, we would get a NPAT of $11.8 mill + some savings from reorganisation and synergy, say $12.5-$13 mill.
This guided forecast could be lower than the Consensus forecast. The performance of the Staging Connection needs to be followed.
I have decided to withdraw from any forecasting of AVV's profits and leave that to the brokers.
Current price: $2.44.
Gerry
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