Ann: Trading Update, page-3

I hold a small amount of CLT after the trading update. Very good result in the face of falling AUD. Maybe some cyclical benefit from new iPhone. The new CEO looks to have done a very good job here. There should be some pockets of growth here too - wearables, health monitors, etc - while the rest of the market should be steady.

At the moment I'm not expecting them to beat the H1 result in H2, but even if they come within the vicinity this stock is way too cheap.