CLV 1.01% 49.0¢ clover corporation limited

Ann: Preliminary Final Report , page-2

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  1. 1,232 Posts.
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    The FFI asset really hurt the bottom line for last year. That was far worse than I expected. Net-net I expected some recovery, but if you look at the detail 1.22Mill loss is inclusive of the accrued realisation of those assets. As the company commented; they received far less than expected.

    Discounting for this, a very impressive result. EPS 'would' have come in at 3.3c. Thats ~25% EPS growth (which is consistent double digit growth over the last few years). The SP will hold up given guidance for FY13 on new products and sales expectations.
 
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