FRR frr corporation limited

shocker; from over 7 mil ebit to less than 5 mil and eps way...

  1. LZA
    1,858 Posts.
    shocker; from over 7 mil ebit to less than 5 mil and eps way down below 5c for the year.
    clearly they anticipated a big H2 but this is well short of expectation and correctly dumped as a result.
    Yes, about 50c is right, and likely 3c div will support the price only just a bit.
    talk of further contracts, cost cutting, CO2 systems will not rerate the stock until they prove themselves.

    l am disappointed, but will hold anyway
 
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