ABC
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0.29% $3.38 adbri limited

Waiting on the AR to see how this mob is travelling. Last half...

  1. Mongrel
    2,000 Posts.
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    30/01/15
    15:38
    Post #: 14669122
    Waiting on the AR to see how this mob is travelling. Last half year report saw a decrease in net profit of 15.9% with an increase in debt to $333M.

    Removal of the carbon tax will see a $3M increase in profits (based on prev 6 mo tax payment) and recent acquisitions should be bedded down. Land sales should also bolster the extraordinaries column.

    Consensus has a BUY on ABC. Waiting to see if that is justified!
    ABC Price at posting: $3.61 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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