Thinking Aloud, page-3

Cheers, dunjo,

It's not the world's most awesome business, but it's a little company that I have managed to buy and sell very well over the years.

On reflection, my post - while it dealt with forecasts for full-year FY2016 - didn't deal with the bit of information that is probably more specifically relevant to the share price performance over the next 6 months, and that's the financial performance in the current half, DH2015, which - at this stage - looks to me like it could report NPAT around 50% higher than pcp.

(JH2016 NPAT growth I model to be around 10%-15%, as that half will be cycling the very strong period of JH2015, which, based on company guidance, would make it the second-highest half-year profit in the company's history.)

So, all the really juicy earnings growth action will be in the current half, meaning the wait for recognition from the market might should be too long in coming... Feb, 2016 at the latest.

Assuming, of course, that my modelling is remotely accurate.


[PS. Be reminded that there is no reason that length of post should necessarily correlate with quality of investment logic contained in said post!]