FMG 1.43% $22.04 fortescue ltd

FMG Profitability when IO at $50-60USD?, page-31

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    In relation to Macquarie forecast, here are a few comments

    -figures starting from FY23 don’t have much value to me as even recent forecasts from very famous brokers had been significantly inaccurate

    -it is worthwhile to remember Macquarie forecast for FY22 and to compare their figure on how it was accurate at the end of the year

    -we know that for example the EPS values provided in the report are not accurate and they have an error from several % to O(10%), so specifying tenth of a cent in the EPS values of having this kind of errors is meaningless

    Last edited by irynka: 24/10/21
 
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