Although maybe boring at the moment what are our real expectations for the FY16? Any more then EBIT over 15 million?
What will the expected EBIT for FY17?
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Although maybe boring at the moment what are our real expectations for the FY16? Any more then EBIT over 15 million?
What will the expected EBIT for FY17?
The more important number is the outlook bear in mind they have beaten the last few profit upgrades recently which shows a level of conservatism. CLSA report notes ebit of 15m this year increasing to 22m next year, as previously mentioned I think their growth projections are a bit on the lite side. My bet 15.5m ebit FY16
Good to see some buying interest keeping the SP unchanged albeit on low turnover. still recon in a months time all holders will be laughing based on the better than anticipated result and outlook
Interesting comparison between SCL and TIL. -- Disclaimer this could be completely wrong, I have no idea what I'm doing, please correct me :)
If TIL were to share split creating similar numbers of shares issued as SCL we'd be looking at a price around $1.50 a share. While SCL is currently at $3.20
So a difference of 210% in price in these two stocks assuming shares issued were identical.
Meanwhile SCL has a predicted EBIT of ~$53 million for FY16.
TIL's predicted EBIT for FY16 is ~$15 million
Obviously there is other factors that negotiate the price of a share, such as dividends which SCL also offer.
And factors like growth, this is where TIL clearly shines... But still.
So a predicted FY16 results difference of 350%
Compared to price difference of 210%
Disc: Holding TIL
Anyone know when the results will be announced? In the earlier or latter part of the month?
Decent day for til up 3 and some large off market trades at $3.30 after close
http://www.stocknessmonster.com/stoc...s?S=TIL&E=NZSE