Yes plenty of future here, possibly special dividend to come.
Printable View
One thing today’s update confirmed was that Jeff is a master of managing earnings (and expectations). Whether it’s proactive provision or astute use of the bottom drawer he’s pretty good at thst.
Jeez, we need to book $5.2m increase in the Harmoney stake ...that’ll take our profit close to $50m .....far too high .....so into the bottom drawer he goes and finds some old stuff totalling $1.7m which needs ‘writing off’ ..... but the master stroke was the ‘voluntary accelerated amortisation’ of some intangibles of $4.3m
That reduces reported NPAT to $44.1 ...much more respectable....and the market will love it.
That’s Jeff for you ....and when Jeff says full year will be close to $85m that’s probably what he’ll deliver ....no surprises.
Good guy that Jeff.
If I sell now, do I still receive the divident?
Probably doesn't mean anything but did i read that deposits only increased by 1.9 million.Doesn't seem much but then probably in the wider scheme of things doesn't matter.
According to headline in INTEREST.CO.NZ HLG are mulling over splitting Marac off as a standalone subsidary.
Market does not seem enthused by HGH at all at the moment. Thought the short timeframe to grab the divi would have fired things up ... :confused: