Hi Williewonka, I just posted the below on another STO thread. ...

Hi Williewonka,
I just posted the below on another STO thread.  I too don't really understand today....

Well, that'll do me.  I give in.....

What is it with the ASX and these results.  Some companies churn our sheet results and the SP goes ballistic (upwards) and then this cash cow STO publishes these amazing results and we see red......couple that with POO overnight and why don't we see green.....?  Chuck in the increased dividends of 6.2cents US (Which is 8 or 9 cents AU)....?  Free cashflow......? Declining debt....(Apart from sexy Quadrant purchase).....?

Even the so called experts understated the STO profit result by a huge amount so you can't tell these latest results are priced in.......

Quote “Underlying profit for 2018 rose to $727 million, which the company said is a record figure, from $318 million a year earlier. Four analysts on an average had expected underlying profit of $609.5 million,according to Refinitiv data.”

Oh well I guess I'll just keep holding and reaping the benefits of capital growth and yield, shouldn't complain really.........


Yours Confusingly....?
BLJ