Looking gr8.
here is why.
one offs are huge.
$33.3m of non-recurring restructuring costs including consultants costs, redundancy and property rationalisation costs associated with the Group’s UK operations; $33.2m of cash and share based payments to former owners recognised under the Group’s accounting policies for acquisition consideration (AASB 3 Business Combinations) which were adopted in FY15; $18.7m of additional provisioning for debtors and disbursements across the Group;
67 million dollars just here as one offs. CORRECTION.
That is 85 million dollars one offs folks.
load up the truck. 69 hit out of the park on open and keep going up never to look back again.
MATERIAL improvement in cash flow reported in the AR as per directors statement.
LOAD UP HERE. Ignore market blunder.
WHY.
EBITDAW can hit 200 million dollars plus for current financial year
that too without NIHL for current financial year .
I have not read the full statement.
Dont need to.
u just add up the one offs to the figures and improvements in cash flow and U get the picture.
Cheers.
SGH Price at posting:
49.5¢ Sentiment: Buy Disclosure: Held