TEX target energy limited

estimate for tex's coming 1/4rly report @ eom, page-15

  1. 452 Posts.
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    lautrec,

    Cheers for the clarification. I understandably read your statement of "I am estimating an average forecast of 1 - 1.5 cent per share as our Earnings" as you forecasting a 1-1.5 cent Earnings Per Share (EPS value), a figure which is calculated from profits. So instead what you're saying is that as a result of the 4Q09 report (due 31JAN10 apparently) you expect the Target share price to increase by 1-1.5 cents per share, to approximately 7.0-7.5 cents?

    And yep, I understand your Q4 forecast of $300,000 as annually indicative, hence my comment of "You've then forecast an annualised 4Q09 revenue of $1.2-1.8 million." I'm slightly less bullish than this, but no-one can really tell until the report comes out :)

    s
 
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