I'll be holding on Kevi for as long as it takes. She's a great company under distress.
"For the full year, the company expects to report an operating result after tax of $650m, up 8pc compared with last year's $608m."
I am aware that "expectations" are never definite and their property business and writedowns will be nasty for the last half. The share price has thereby fallen and IMO, she represents considerable value under 23.
LEI Price at posting:
$20.53 Sentiment: LT Buy Disclosure: Held