close
MENU
2 mins to read

Cavalier shares tumble on updated guidance

Directors downgrade forecast.

Duncan Bridgeman
Fri, 21 Nov 2014

Cavalier Corp [NZX: CAV] shares tumbled another 17% this afternoon following further earnings guidance from the troubled carpet maker today.

Ahead of the company’s annual meeting next Tuesday, Cavalier directors are estimating full year 2015 “normalised” earnings in the range of $1 million to $4

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Duncan Bridgeman
Fri, 21 Nov 2014
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Cavalier shares tumble on updated guidance
43326
true