Originally Posted by
Roger
From the conference call at the time of the annual result I think yield has been pretty much as expected so based on info in that regard to date based on maximum visibility I can see, it appears we're on track for the mid point of the forecast range. In regard to fuel and other matters, currency has been pretty much as expected and fuel appears to be materially undershooting the expected cost. Add in the recognition of the realised profit, (as compared the written down value of VAH shares at balance date), on the sale of their remaining VAH shares and factoring in everything we could well be looking at reported statutory profit before tax towards the upper end of the forecast range. The hound is staying on board for the dividends so is pretty much content to let others pontificate about where fair value lies...as long as I get my regular half yearly 10 cps fully imputed feeds and the occasional special I am happy :)