Hello, I believe earnings may be well down on last year as per management warnings.
I think that you are confused with your comments of earnings may be WELL DOWN as per management.
On the 28/11/2008 Dr Ian Brown stated "The first four months of this financial year have been solid with sales & profits meeting expectations sales for the period rose 7% however we have witnessed some SLOWING of activity in Asia in the last 2 months"
Dr Brown goes on to say "We are working closely with Mead Johnson & other international food companies to further our activities into Asia, Europe & Americas"
Also Dr Brown said "Although there has been some slowdown in sales in the early part of the financial year we have yet to see the full impact of the Mead Johnson contract, those results will be more evident in the second half of the financial year"
Colonnade
CLV Price at posting:
18.5¢ Sentiment: None Disclosure: Held
