CVT into a nice earnings upgrade trajectory. More to come over 2022.
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CVT into a nice earnings upgrade trajectory. More to come over 2022.
Why is it 'especially encouraging' that they increased brand investment by 50% but only increased rev 4.5% :confused:
A profit upgrade is coming by the look of it. Still well off the 5 year high of $11.40. Craigs currently have a outperform rating at $4.20
Full year operating EBITDA guidance is maintained at between $27M and $30M.
Not much higher than the $25,5m last year
Upgrade at next weeks ASM?
maybe but if I were management I'd hold off - one great quarter under the belt 3 more to go in a business with seasonal fluctuations. While obviously I'd like the price to pop I'd rather continued nice affirmations like this in lieu of an upgrade until management had absolute conviction. and then surpassing that guidance. Kind of the track record Scales Corporation have going. I hate yo yoing.
I hear ya. Bloody IRD - if they want to tax capital gains then we should introduce a capital gains tax. and if not hands off.
and because of that I am very christian about my investing. Long term, put in the bottom drawer, collect the divs, and don't sweat the market.
Wait: maybe the IRD are doing us a favour because those all sound like sensible things to do.