Profits down to 348.2MN from 441MN posted the previous financial year.

DPS maintained at 0.75 cents per share.

@ Deal - what do you have to say as you were very positive on this counter ?

The 1H results were very good & there was a sleight of hand by the Board in the 2H results.

1) No profit warning but a decrease of 22% which might have been 'adjusted' to be less than a 25% reduction in EPS.
2) The final dividend of 0.75 is miserly since Unga has 280mn in cash. This is 3.75 per share in cash.

I am very disappointed that Unga painted a very positive picture in the 1H announcement but did not perform as expected in 2H. Nevertheless, a bonus or a higher dividend was warranted.

Wayforward? 12? 10? 8? 6 (like mar 2009)?

Your disappointment,together with Mr Markets,will offer me a good entry price...at 9 bob or below I will accumulate like crazy.

As long as the company can get back to +20% growth in profits next year, i see no problem here. This can be a buying opportunity while the weak ones sell off