Maybe no dividends this half, expecting up to 6.4 cents in earnings for the full year. Believe interim results will give guidance to slightly less than this for the full year.
6.4 cents will be the minimum result for the full year, one year ahead of most current market forecasts. Coffey have a history of surprising on the upside, when business not being restructured, pre-1999 & 2004-2008. Other competitors (CDD) have recently had revenue growth spurts above 30%. Would be nice to see COF do the same for its Geotechnics business....... only 10 days to go.
Best of Luck Lost
COF Price at posting:
36.5¢ Sentiment: LT Buy Disclosure: Held
