Only 6 days to what is expected to be a lousy FY09 final report. But mkt already knows that. However, Rathbone's FY10 forecast will garner plenty attn. And only 8-9 days from when i anticipate Shinochem will show their hand.
Re FY10 Macquarie seem pessimistic.
Nufarm Preview
With Nufarm reporting their results on Monday, 28 September, Macquarie Research Equities (MRE 22/09) preview what investors should expect from the numbers. Their current forecasts include a Net Profit after Tax of A$136 million, with a final dividend of ~28 cents per share. With that in mind, MRE also note that when NUF advised the market of a downgrade in August, it was subject to further management and audit review, which MRE believe could add a further potential downside earnings risk to the stock.
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Only 6 days to what is expected to be a lousy FY09 final report....
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