AMC 0.00% $16.32 amcor plc

General Discussion, page-25

  1. 7,505 Posts.
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    sorry I think you will have regrets.
    Non-franked poor dividend
    At best a 'slow grower' of earnings
    Earnings forecast to decline in FY24 (which has now been confirmed by management!!! in the outlook statement)

    https://hotcopper.com.au/data/attachments/5516/5516965-72ace4b1ac3eadc3d9c888551ec5a066.jpg

    Above are in USD.

    Thanks but no thanks, I am happily waiting on the sidelines.

    Not the season nor the price to take a position.
    My capital safe, and the reward (ie the dividend) for holding doesn't stack in my opinion.

    The year end profit was a 'miss', and so into the sin bin will this stock go. ie high probability of the share price under performing the market. And even worse management is guiding for lower profit next year!!!!

    Patience... patience...
    Protect one's capital!!!
 
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