Hey noomx, guidance wasn't mentioned in the half yearly report. As previous guidance isn't altered, then one must assume it is intact. Sought clarification from the cfo, and previous guidance remains intact.
And neither is there a cash flow problem imo, additional expenses were made to integrate acquisitions into the business model, ie saw a big jump in working capital expense during the half. This has returned to normal - as no further expenses are required in relation to those... viz, cashflow should be upwards of $20 mil this half.
Perhaps we should also be asking what assumptions and inputs RBS and the like have made to come to a conclusion that earnings will shrink to 14c this year?
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