"You predicted FY17 NPAT of $5.4m and it is likely to be $5.6m - that's a 10 out of 10 from me, with a Koala stamp thrown in as well."
Thanks, but I'm not worthy of such compliments because you could really just be comparing an apple with an orange when you set my $5.4m number against the indicated $5.6m figure.
Because, while I know what the assumptions and drivers of my forecast are, we have no idea of the composition and/or the quality of the company's quoted NPAT number.
We will only know that level of detail sometime in late August, when the full set of financial statements, along with accompanying notes, are published.
I may have got it "right", but it could have been for all the wrong reasons.
SDI Price at posting:
56.5¢ Sentiment: Buy Disclosure: Held
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