Ann: FY 2018 Results Investor Presentation, page-11

Despite offering no semblance of guidance fo CY19, Management talked up 2H19 being the inflection for P&G contribution (although this is in part because they're stretching out the spend over another year). Also more acquisitions to juice things up, subject to asset optimisation and sales given they're almost tapped out debt wise (3x leverage ratio now versus limit of 3.5x). Throw on top of this a return to normal deaths, there probably wasn't enough bearish news for the year ahead for shorts looking for a downgrade and bad outlook.

Question is, has the SP put its base in and looking for return to EPS growth and do the fundamentals support this?

In my prior posts I though this would be something that would occur around AGM 2019 time rather than now.