FMG 1.56% $18.27 fortescue ltd

amazing isn't it. the SMH states 'analysist" predicted $1.77B...

  1. 918 Posts.
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    amazing isn't it. the SMH states 'analysist" predicted $1.77B net profit, which was ahead of actual result of $1.71B, yet UBS had a net profit getsimate of $1.67B - who the dickens is right and who's more credible???
    IMO, FMG are the only ones with accurate info $1.71B net profit, anyway you cut and dice it is sensational for 6 months revenue. And then you have JPMorgan Chase revising their FMG target price to $7.00 ?? And so far Jan and Feb looks way ahead of same time last year in terms of ore shipped. Cant await form the "analysts' estimate for Q3.
 
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