Capital Raising, page-154

MND seems a very well run company, I missed the boat there. Sentiment is fickle.
I still think CDD is in better sectors than MND but time will tell.
Yes you may be right about next year and you are right about profit this year. I meant to say "underlying profits" - perish the term but there should be a small one this year.
I think for next year management will not give guidance if they want to buyback shares. When time comes to sell they will choose to change their tune and rerate the company. It could also take longer because of the loss making divisions Caminosca and PPI. I am assuming they will continue to drag on earnings next year.
I do hate to see people losing money on SGH. I don't know how to warn them.
The outcome there looks like a foregone conclusion but I learnt a lot about WIP accounting along the way. A lesson in what to avoid which may serve me well in future.
Looking foward to the results and we can chew the fat on this one again. Well done with GRR, it was a good pick.
I was just being overly conservative really.