the consumer?
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Whale down TJ....u passed the exam!😁
So the $30m plus operating profit target pushed out beyond 2021 to an undetermined time beyond that.
Is that STU lingo for NEVER
http://www.sharechat.co.nz/article/9...yond-2021.html
Hey winner, STU up 10 cents in less than a month - whats going on?
Oversold with all the negativity around the building and construction sector.
Latest stats show sector actually in good health - should lead to recovery and then, normalization of margins within next 2 years.
Heck, MPG has put on 28.5% without too much resistance since the big seller finished selling.
I think this is corporate speak for things aren’t going that well and we are still in the **** but don’t really know by how much yet.
http://nzx-prod-s7fsd7f98s.s3-websit...397/311974.pdf
Last guidance was ‘Our long term outlook target remains to generate $30m to $35m EBIT1, however current market headwinds mean this will take longer to achieve than the original three year plan.’
I think that’s just a pipe dream now.
Last year H1 npat was $3.8m
It’s going to be less this year
But never mind ...the second half is going to be fine ...no worries.