Wow... good FY16 results, but that guidance for FY17 is astonishing..
FY16 EBITDA: $256m
FY17 guidance: $385-$425m (+$129m to +$169m or up 50 to 66%).
FY16 NPAT: $53m
FY17 guidance: $130 to $160m (up $77 to $107m or up 145% to 200%)!!
Crickey.
and yet the share price falls.. I know not many analysts cover this stock anymore as they struggle to understand it is a volume play on commodities not price, but they should be paying attention to that outperform.. combined with selling Allied Mills, that extra $77 to $107m of NPAT seriously delevers this company.. will make it a great target for a good PE buyout.
Ann: AGM Presentation, page-2
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Last
$8.15 |
Change
-0.440(5.12%) |
Mkt cap ! $1.985B | |||
| Open | High | Low | Value | Volume |
| $8.65 | $8.67 | $8.05 | $13.93M | 1.699M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $8.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.16 | 604 | 1 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| GNC (ASX) Chart |
