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17-02-2012, 12:20 PM
personally property realization is a bonus IF it happens. but just base on core earnings numbers,
FY10 net profit $18.05m, 9M FY11 already $20.8m. I think it is very possible to end FY11 at $25m. that's a 38% increase in Net profit.
whats more interesting is 9M cash flow is also much stronger than FY10, so the attraction is, there is scope for even the regular dividends to
increase.
The asset realization of SAH or properties will be additional bonus.
FY10 net profit $18.05m, 9M FY11 already $20.8m. I think it is very possible to end FY11 at $25m. that's a 38% increase in Net profit.
whats more interesting is 9M cash flow is also much stronger than FY10, so the attraction is, there is scope for even the regular dividends to
increase.
The asset realization of SAH or properties will be additional bonus.