SRX sierra rutile holdings limited

1q09 cashflow numbers and my 09 forecast

  1. 221 Posts.
    It turns out that my guess was roughly right. Given there is always a lag between cash receipts and sales & AUD has depreciated substantially, I would expect a record 2Q cash receipts followed by another record 3Q cash receipts.

    I am expecting revenue to increase 50% or more from 08 to 09 and a significant increase in profits. EPS of 25 to 35 cents in 09 is my rough estimate.
 
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