"Taking a big stick we reduce our FY09 NPAT estimate from $1.45bn to $1.05bn. We will get guidance from the mid-November interim results and will be pleasantly surprised with an NPAT above $600m – a 43% decline from 1H08 NPAT of $1.06bn. "
just checked on the Macquarie website calendar
half yearly result will be delivered on November 18
and we are looking for anything above $600m
if they do then I'd be right in saying it would be one of the few
but gee talk about a lot of head winds
funds management being hit for six
the rudd government guarantee
I think rudd ended up covering Mac
this will be one of the most keenly awaited results ever I'd say
and it does come in above $600m, the share price will take off like a sky rocket.
MQG Price at posting:
$28.61 Sentiment: None Disclosure: Held
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