market obviously doesnt care about Mike Smith.
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market obviously doesnt care about Mike Smith.
OMG — a huge profit downgrade — like $60m less than previous one — that’s 13% less
And dividend to be less than they said
But no worries - still a great yield stock
Get in early at the open for the sale of the century (OK the decade)
Z energy profit downgrade today see here
So they are going to make less in F2020 than in F2019 - not good
Didn’t they have 2 earnings downgrades last year before they hyped it up as year went along.
Their forecasting about as good as Comvita’s.
So it looks like earnings are going to decline 2 years in a row.
they said F2019 was a ‘year of two halves’
Hopefully F2020 will be as well.
Consumers obviously the winners at the moment ....better tell Jacinda
massive down grade in profits , not surprised really have mentioned on the thread gull and waitomo would eat there lunch.
cut in dividends just goes to show its not a reliable form of income.