Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.
Hi MM, You wrote on 22.01.24 you have looked at WPR for the Emerging Companies Portfolio in the past and will await FY23 results due out on 26.02.24 before making a definitive call. Now that results are out, and following the subsequent share price fall, can we please have an update on your thinking and intentions towards the stock, including what price or range you would buy in at, if at all? Thanks, Darren
Hi Darren,
WPR reported FY24 distributable income of $110.7m or 16.48c, in line with consensus, however, they went a step further and for the first time provided full year guidance for earnings per share (EPS )of 16.32-16.48c. That guidance range is 2-3% below consensus for FY24 which was 16.8c with the difference stemming from a higher cost of debt (4.5% in 24 v 4.0% in 23).
Take a free trial.
No payment details required.
Forgot password? Request a One Time Password or reset your password
One Time Password
Check your email for an email from [email protected]
Subject: Your OTP for Account Access
This email will have a code you can use as your One Time Password for instant access
A link to create a new password will be sent to the email address you have registered to your account.
Hi, this is only available to members. Join today and access the latest views on the latest developments from a professional money manager.
Our Smart Phone App will give you access to much of our content and notifications. Download for free today.
