RE: Priced to fail, poised to rerate5 Aug 2022 12:48
@Voli.zh - Agree with what you're saying, adjusted profits have increased from 1.1 to 37 million year on year, as Cashola says, the 261 million profit last year was entirely reliant on the asset sales. To me that's showing a good improvement, as without the huge goodwill impairment charge, CPI would have made a profit even without asset disposals. Definitely moving in the right direct in my opinion, but further progress not going to be made overnight. FY22 results should make for interesting reading if profits really are weighted to the second half as mentioned by the CEO.