A look at Costa Group’s third earnings downgrade
In this week’s video insight Joseph digs deeper into Costa Group’s trading halt, which occurred prior to an earnings downgrade and its intention to raise equity. It appears cyclical and structural impacts have had an even greater impact than alluded to at its August result.
This post was contributed by a representative of Montgomery Investment Management Pty Limited (AFSL No. 354564). The principal purpose of this post is to provide factual information and not provide financial product advice. Additionally, the information provided is not intended to provide any recommendation or opinion about any financial product. Any commentary and statements of opinion however may contain general advice only that is prepared without taking into account your personal objectives, financial circumstances or needs. Because of this, before acting on any of the information provided, you should always consider its appropriateness in light of your personal objectives, financial circumstances and needs and should consider seeking independent advice from a financial advisor if necessary before making any decisions. This post specifically excludes personal advice.
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