heres the answer here is the answer to this puzzle TRANSFIELD Services shocked the market with an outlook for full-year 2012 that was far weaker than expected, sending its shares down by more than 31 per cent today. The civil works and engineering services company said it was expecting 5 per cent growth to net profit this financial year, on a pre-amortisation basis, which would equate to a range between $130 million and $135m.
But that was substantially below market expectations of between $150m and $180m
MINUS 25% don't buy...instos will be selling for a while i'd say
TSE Price at posting:
$2.25 Sentiment: None Disclosure: Held