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I'd prefer your accounting when losing! A loss is a loss - its...

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122 Posts.

27/01/17

15:07

Post #: 22174238
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Originally posted by WR888 ↑

The eps for FY16, ending June 2016 was 14.20 cps, if my memory serves me correctly. If Morgans is right, and there is a net loss of 5.60 cps come end-June, 2017, then the eps would only drop to 8.60 cps. With a 78% payout ratio (POR), the total dps for FY2017 = 6.71 cps, not a low of 4 cps.

Then again, Morgans could be wrong in their forecast,....

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I'd prefer your accounting when losing! A loss is a loss - its not a decrease relative to the prior period - its a loss.

EPW Price at posting: $1.24 Sentiment: Sell Disclosure: Not Held
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