is morgans wrong?

  1. 1,796 Posts.
    lightbulb Created with Sketch. 2
    I read morgans research report last night
    they are predicting Gross margin to fall to around 60mil ish from 85mil, ebitda of only 30 mil in F17 and NPAT of approx $0m, as no tax paid, share price valuation 35c- upon which it is trading approx now.
    Seems pretty extreme, considering the shearer is in full flight in brazil.

    morgans calls have been wrong in the past
    Last edited by tbecker101: 25/08/16
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
4.7¢
Change
0.000(0.00%)
Mkt cap ! $24.96M
Open High Low Value Volume
4.6¢ 5.0¢ 4.6¢ $30.57K 642.6K

Buyers (Bids)

No. Vol. Price($)
1 11912 4.4¢
 

Sellers (Offers)

Price($) Vol. No.
4.7¢ 104546 1
View Market Depth
Last trade - 15.46pm 12/09/2025 (20 minute delay) ?
WLD (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.