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1.Market Observations, 8.Was Sticky

21 Feb 2017 (AFR) – Reporting season extremes – WorleyParsons and Brambles shock while NIB surprises

(21 February 2017, AFR, p40, by Tony Boyd)

‘The profit reporting season has had its fair share of contrasting results but the bifurcation evident in Monday’s numbers from half a dozen companies was a reminder that continuous disclosure will not protect investors from big surprises.’ <snipped…>

‘Outlook on financial guidance is obviously a grey area. Some boards of directors believe continuous disclosure captures outlook statements while others clearly don’t. These issues were under the spotlight on Monday with the significant positive and negative share market responses to half-year financial results. The three biggest negative performers were…’ <snipped…>

‘The three biggest positive performers were…’

Read more at (might need AFR login access, or try:



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