Ann: Half Year Accounts Appendix 4D , page-11

its not that it ddnt make money, its just that the EPS forecast of 48.6 cents per share for this year simply aint gonna happen, coz we made 12 cps for the half and next half the same (so 25 cps for the year). I dont know how the analysts came with their forecasts of 48.6 cps.

its a solid company, with solid cash flows and certainty of those cash flows and a divvy, but it just didnt meet the consensus forecasts at all.

Without the one-offs that it treated , it made NPAT 56m/387m shares = 14.4 cents from memory of what i read not long ago. So thats say 28.8 cents per share for the year. PE 7 on that is $2.016 valuation.