Ann: Half Year Results - Commentary, page-2

On FXJ I have 40c avg entry plus 8c in ff divs (including the upcoming). Franking credits exhausted so franking depends on them making a taxable profit in future. Buy back should give a lift by rights. They are trying everything to grow and optimise their business and trying their hardest on costs to keep recovery going. Profits not there on continuing businesses and too early to tell on new directions. A bit of a gamble as to whether they can power ahead from here. Gina gone gives them a free run at it though. Recession in Aust is the theme so advertising will drop. On balance this is a sell – just for me and my situation though. I hope they make it though.