Watch the sp bounce back as soon as it is realised that this eps figure still represents a whopping 22% return on the current market cap each year!
ABS is obviously way oversold!
I wish I was there today when the sp dipped to 1.50. I certainly would have taken the opportunity to buy more cheapie ABS shares.
The good news there is: "Discussions with Morgan Stanley are ongoing."
ABS
a.b.c. learning centres limited
cuts eps forecast to 34c tp 36c range , page-3
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