With one day till the end of financial year for NFK, it is good to see that they haven't given any updated earnings guidance. Thus, I assume they are on track to deliver $27m to $30m EBIT, thus I presume no further one off costs.
Hopefully, this will put a substantial hole in their debt position which I presume has been holding NFK back, even though it is quite small considering its EBIT. Although, another 2 cent dividend would be nice.
Whilst volumes aren't big, it seems to be well supported at these levels...only green stock in my book today!
Do ppl think MND may have another nibble?
With one day till the end of financial year for NFK, it is good...
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