QUOTE(Hansel @ May 18 2018, 11:27 AM)
Tq bro Ryan,...
Another personal experience of mine this morning. I bought LMW a few months ago,.. did not track much, then noticed this morning that the price has dipped. Looked at my portal of stocks updates and saw this report below :-
ASX ANNOUNCEMENT
www.lmw.com.au
20 April 2018 – LandMark White Limited (ASX:LMW)
Trading Update and FY18 Guidance
Following release of our half year results, we provided full year guidance which indicated revenues of $46.6M and profit before tax of $7.8M (EBITDA $8.6M).
Based upon unaudited management accounts, LMW has generated revenues of $32.4M and EBITDA of $4.6M for the 9 months to 31 March 2018. LMW now expects to generate revenues of circa $43.8M and EBITDA of circa $6.6M for the financial year ending 30 June 2018.
The reduction in anticipated earnings arises due to the lower than expected revenues within our government services division. Other divisions continue to deliver in line with previous expectations, including residential which has performed strongly for the 9 months to 31 March 2018.
The outlook for the government services division remains positive with the expectation of higher revenues in the second half of calendar year 2018 and through FY19.
Notwithstanding the reduction in full year earnings forecast, the synergy savings arising from the 2017 acquisition remain and LMW expects to deliver a circa 10% effective dividend yield (inclusive of franking credits) to shareholders for FY18 based on our current share price.
CEO Chris Coonan said: “It is important that the market is aware of changes to the financial performance of LMW. The lower forecast profit for FY18 is driven by the reduced revenues. The revenues from the government services division are anticipated to pick up in the final quarter of FY18. We have various opportunities in progress that are expected to deliver additional revenues which are likely to fall into FY19. LMW is in a strong position to capitalise on its highly profitable existing business and deliver on its organic growth and diversification strategy.”
- Ends -
John Wise
Company Secretary
(02) 8823 6300
email john.wise@lmw.com.au
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Goes to show,again,... that ASX stocks need a lot of monitoring,... I missed the above news for one-month from April 20th.,....

yes needs lots monitoring. i hv stop adding since my 2 banks also Negative already.
i hv CXO.. and suddenly saw STD CHART send me long letter on Preferencial options that hv pass its due date.
my friend still holding SYA.. but i sold all. and she tell me suddenly her portfolio got rights. then forgot sell it and did not subscribe so burn. It too confusing. why want subscribe the rights at 5.1 cents when the market price is only 4 cents...
Following completion of the Placement, the Company will undertake a pro rata renounceable rights issue to eligible participants to raise up to $3,924,790 (before the costs of the offer), comprising an offer on the basis of one (1) Rights Share for every twenty-two (22) existing Shares held at an issue price of 5.1 cents ($0.051) per Rights Share, together with one (1) free attaching Rights Option exercisable at 7.8 cents ($0.078) on or before 30 April 2020 for every two (2) Rights Shares subscribed.
so, to sum it all Cannot simply add counters to portfolio.
now standby to sell off TAWANA before October.