patersons stockbrokers ...as well as other stock brokers have a 'buy' on the stock with a target price of $1.16
they forecast a full-year total dividend of 4,25 cents (so, minus the 0,75 cents paid this month, would mean a second half dividend of approximately 3,50 cents)
the debts incurred are on purchases of businesses that are impacting with revenue this current half (2nd half), another reason for the poor results was the impact of receipts that were paid in january of 2014 (approximately $8 million), rather than by the deadline of december 2013. lastly, the cost overruns from the gold coast hospital project impacted on the result (a matter which the company is seriously looking to correct and avoid in future).
it is also the case that, uxc usually has much stronger results in the second half of the financial year..
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