NUF 5.18% $4.67 nufarm limited

Good luck to the brave holding over the weekend....if NUF stay...

  1. 198 Posts.
    Good luck to the brave holding over the weekend....if NUF stay true to recent form the result will probably miss guidance from a few weeks ago - they really have been hopeless.

    I got back in at $10 the other day but am back out at $11.20 today....nice little gain.

    I don't see Sinochem in any hurry....things could still get worse over the next 3-6 months for the sector. Monsanto has been tracking down for the past week and US analysts have not been overly positive given the glyphosphate concerns.

    Be interested to see what guidance Rathbone gives for 09/10 profit on Monday! NPAT of 65m for H1 this year and 70m for H2 if they hit their 135m guidance. Profit delivery has been 1/3 H1 and 2/3 H2 due to seasonality......does that mean a profit for the next 6 months 0f 35-40m? Would be back at 08 profit levels.
 
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