Originally Posted by
winner69
Spot on Percy, you are so so right.
So NPAT will be $47.0m to $47.9m. Nothing more, nothing less. Anything more they haven't really been upfront and telling porkies. So close to the end of the year they already knew the answer within a few bucks.
I think Roger highlighting dairy lending is relevant. He is not saying it might hurt heartland this year but has a genuine concern about the next year or so. Things slowly get worse.
I think taking the associated risks into account is wise. Ignoring the potential risk and not assessing its impact is folly. Your assessment no doubt will differ from Rogers