Ann: Revised Production Guidance for FY16 -17, page-2

Sheesh. The frustrations of owning this stock are becoming apparent. There goes the profit and more importantly the cash flow surplus for the quarter. I truly hope those Philippine Directors do have generous bankers. All the reasons are only temporary and I would have thought the flooding issue would already be behind them. Worker absenteeism - are they taking summer holidays?
With the final result for FY17 now a lot lower, it will be much easier for them to do more impairments to the Balance Sheet in the full year result and I'm fully expecting it.
I don't think Arbiter will be fazed but maybe they'll let it drift next week.