Member Info for grippa

The lower revenue expectation combined with an adverse mix and short-term fixed overhead based means adjusted earnings margin guidance is expected to reduce to be between 17% to 18% for fiscal 2021, before recovering after.

For FY 2020 they made a 5.9 million loss, if costs are fixed like they say I would say theres a good chance they will swing to making a loss for 2021.

Apologies
If it’s high margine profits I don’t understand how the profit has been dropping of recent years when looking at the fundamentals, wouldn’t take much on last year for them to make a loss.??

If it’s high machine how come the profit has been dropping of recent years when looking at the fundamentals, wouldn’t take much on last year for them to make a loss.??

Also they mention the American labour market, means there struggling to keep of get the right staff/employees this is a major concern to me......

I would not take this news lightly, They already said they expect impact to effect 2022, costs are fixed, Will they make a loss this year due to the impact?? I may be wrong but you rarely get the full truth from management!!!

Dont think it will be a quick turn around they have already said the problems will persist into 2022 FY

Sorry Stevie I guess the last thing you want to hear is my questioning valuation when your initial purchase was high, but I m not questioning long term think it should be a winner but just not so sure it will keep rocketing as it has so far short term, BUT you have done VERY well in the past so I'm sure you understand it a lot better than me!! Good luck mate

Stevie I agree there, Low P/E company's on decent growth rates are non existent. What would you say they range between for good growth companies if its something you understand???

I agree but Amazon and Tesla are great success examples there are many others that have not been. What I m trying to say is its all in personal opinion what someone values them at at this stage of there business and obviously some a great deal ore than others. Fingers crossed for everyone on here but don't think its just a case of the price going up from here though I may well be wrong!!

The business in principle is great but don't know how you vales a company thats making loss its not a simple one for me to understand where you start....

thanks Tucson will look at them also mate, Cheers

Littleeaston thank you kindly will have a look them thanks this is most important with any broker good price, can not say that about II........ cheers

There ****ups are endless, now I fine there taking my SIPP fee out my trading account which sounds ridiculous to me and said they don't have the ability to take it out my SIPP account. Its the final straw for me as had numerous problems with them over the years. Anyone recommend a GOOD platform to shift my accounts to please??

OK Barrie I get you, sorry!!

Is it not unto 780 million shares to be bought??

Sorry 38% increase

Thanks, I don't but someone earlier said its a 36% increase in divi

Surprised not got a much bigger rise in SP, would like to think it still has I bit to go while allowing people to digest the news, 5% dividend going forwards at these prices whats not to like!!

Thanks Emerals

Anyone know when they are released it says in the financial lender page they were due yesterday but not seen anything on them, anyone know please??