For mine, this really is a 'shut up and take my money'...

For mine, this really is a 'shut up and take my money' share...but in the interests of impartiality here are some negatives:

Negative Free Cash
Net Debt to equity has exploded to 55.3%
ROE has dropped slightly to 14%

But I can live with all of this because it is the cycle of development - just like the tides...them money goes out and then it comes rushing in. In our case in the form of 845 carry forward sales contracts with a gross value of $278.1m...the majority of which will settle in FY19.

What I do like about VLW is the pin point accuracy of management in their outlook predictions.