PEA 0.46% $1.09 pepper residential securities trust no. 30

Ann: Appendix 4D - Half Year Report, page-2

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  1. 2,299 Posts.
    lightbulb Created with Sketch. 243
    That looks a reasonable result to me. NPAT down 11% from $9m to $8m, dividend maintained.

    I loathe these 'underlying' figures so many companies use, but I suppose this is how they see matters. PEA is not a large business so results can be lumpy.

    Guidance of full year EBIDTA of $43-44m is affirmed. Management is making positive noises about fresh contract opportunities ahead, so all good. I am curious to see how the SP reacts.

    Ash
 
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