FWD 1.25% $1.98 fleetwood limited

kumatori was i - actually listened to preso. is expected to peak...

  1. 1,195 Posts.
    kumatori

    was i - actually listened to preso. is expected to peak at 27% in november at around $60m ( don't know if net or gross.) Current facilities on accounts have been increased to $55m with $8m or so available at balance date.

    27% figure is based on everything going to plan ( and hasn't the last 12 months been right on target ? )

    I think holders can forget about an interim divy for 2014. wouldn't wager anything great on a final 2014 either.

    They have done a lot of hard work in the businesses with reducing the cost base, but they cannot do anything about revenue and in the current market margin squeeze will continue and top line growth won't happen.


    Baraka



 
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