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$2.43 erm power limited

2016 Guidance Affirmed, page-67

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ryadt001

469 Posts.

23/06/16

20:05

Post #: 18106473
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Originally posted by jamwolf ↑

In one sense, it's amazing that the shares halved after announcing that they will hit guidance. OK, there are headwinds for 16/17, but that's life, and no reason for the baby to have been thrown out with the bathwater.

I will be surprised if the shares can't recover to 115-120c, ahead of a further update with the results announcement.

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Hmmm. Their gross margins will be $3/MwH and they expect to sell 18.5TwH (with their australian operations) for FY17.

How does this compare with FY16?

EPW Price at posting: 84.0¢ Sentiment: Buy Disclosure: Not Held
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