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next significant announcement

  1. 6,684 Posts.
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    Centro will announce their profit report for the 6 months to Dec 31st. at the end of this month.

    AND IT WILL BE A PROFIT.

    Based on what has been said recently, we can expect e.p.s. of better than 20 cents for the first 6 months.
    They should also then be able to provide a more accurate forecast of the 2nd half, through to end of June 08.
    (On 17th Dec. they forecast a revised 40.6 cents per share for the full year after allowing for higher interest charges)

    This equates to a total profit of $343 Mill.

    These figures will assist in ongoing negotiations for their loans/refinancing/restructuring.

    So, from now on ( apart from misleading sensationalist headlines from the fairfax press) the news should be positive.

    Cheers,

    Bendigo



 
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