HMC 1.33% $12.20 hmc capital limited

conflicting info from company, page-2

  1. 797 Posts.
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    Rmp, appreciate your scepticism.

    I guess the difference in profit numbers is a result of the $1m writedown on sales as at 30 June? - it sounds like the $1m is being recovered in Q1, but no doubt they will count it in next years record profit!

    The options issue was a stuff-up. All underwriting agreements have 'outs' - I guess the broker took advantage of a less financially savvy company.

    This funding saga is dragging on forever. At this rate they will fund it from operating earnings. Waiting until December will not help the share price - prospective investors must assume the worst.
 
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