Just a sign of things to come imo.
FY20 will be an excellent result.
Taking into account Fosters eps estimate of 9.9cents.I believe thats a solid conservative estimate.
-i will b disappointed if div is 5 cents.imo sp range will b $1 to $1.20
-if div 6 cents i will b satisfied as they still want to decrease debt and maybe allow for increased stock levels .sp range $1.20 to $1.50.
To reach the upper levels the 'issue' with previous ceo must have been resolved by his departure,and bisalloys positive guidance for FY21 must b similar to FY20.I believe it should be a positive guidance as long as 'the issue' does not become an issue in FY21.
ps of course any news positive or negative will effect estimates.
But if no issue from ceo departure then i agree with bisalloy that the next 5 years will b solid growth years.
Just a sign of things to come imo.FY20 will be an excellent...
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