I thought I'd start a thread focusing on user analysis and guesstimations, which a know a lot of the holders are quite good at.
*Note these are my opinions only and I'm in no way an expert, therefore the information below is not to be viewed as investment advice!*
My thoughts on the next quarter and their affect on full year guidance are that, based on the most recent quarterly and the forecast cash-flow projection provided, we could potentially see another cash-flow positive quarter if they maintain their receipt vs product & Operating expenses at 24.39%.
Using this percentage we should see quarterly receipts of approximately $24.75M and if we maintain guidance costs, Cirrus will see full year profit at that point of $1.48M, this would reflect an EPS of 1.8c.
I would be very interested to hear other users thoughts and obviously open to feedback and constructive criticism, as this is the first time I've attempted something like this.
CNW Price at posting:
1.7¢ Sentiment: Buy Disclosure: Held
