LGD 1.75% 29.0¢ legend corporation limited

Disappointing half year projection, page-3

  1. 668 Posts.
    lightbulb Created with Sketch. 13
    Sounds OK to me:

    Net Profit after Tax for the first half is likely to be in the range of $3.1 to $3.3 million compared with the prior correspondingperiod’s result of $3.55 million. Revenue is likely to 24% higher with gross profit margins down from 45% to 42%. Cashflow has been strong to the end of October and likely to be 25% higher on the prior corresponding period.​
    However the Chairman, Mr Bruce Higgins; stated that Legend’s full year NPAT is expected to be greater than achieved in FY 2015.

    Mkt cap of $54.8m at 24cps is a bit of a joke. Would expect dividends to be maintained 7.3% ff - I will take that.
 
watchlist Created with Sketch. Add LGD (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.