Hey daiscos,
Barring some sort of catastrophe, FXL should produce positive results for the FY18 and announce an even better prospect for FY 19. The FXL share price has only just reached the price of when FXL did the capital raising at $2.25 back in Nov 15, this said, they certainly have an open road in front of them to produce some stellar results for the share holders.
I agree that the possibility of a downgrade are pretty remote and I actually think that we may see a profit upgrade, especially if the figures we are seeing in Ireland carry enough weight. I really think FXL has finally got it right with the younger generation and the way have been promoting the cards and also the how much easier it is to rent/lease equipment.
I do see a $3 plus in front of FXL's share price in the next 6 months.
Cheers Rubes
FXL Chart, page-7
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