The The
6th Feb 2014, 03:58
Is this one of the worst Company Profit Guidance Announcements ever?
"...covering broker analysts have been typically slow in updating their forecasts for VAH in response to any new market, company or industry information..."
"VAH expects that its LBT for the 2014 Half Year (excluding share of Tigerair losses and other one-off restructuring costs) will be materially in line with the median forecast for all covering broker analysts of a $49 million LBT".
So VAH have reluctantly given a profit guidance that they themselves could not be bothered doing; and just simply agree with some slacker analysts?
VAH has a long history of contempt towards its retail shareholders. Is this a new low?
"...covering broker analysts have been typically slow in updating their forecasts for VAH in response to any new market, company or industry information..."
"VAH expects that its LBT for the 2014 Half Year (excluding share of Tigerair losses and other one-off restructuring costs) will be materially in line with the median forecast for all covering broker analysts of a $49 million LBT".
So VAH have reluctantly given a profit guidance that they themselves could not be bothered doing; and just simply agree with some slacker analysts?
VAH has a long history of contempt towards its retail shareholders. Is this a new low?