ite expected dollars 1.25

ok folks lets fill in the blanks...


lets assume contract lags are 3 months

ok lets assume all razor sigings are tier one.. and the extra mods are not taken into consideration , which makes this asumptions fair..

3 new signings from 1 jan to march 2007.

ok lets assume the next contract we get a PTX tier one..


ok


3 razor = 6 mil * 3 = 18 million

then ptx = 3.5 mil

= 21.5 mil


ok last hlf rev for 2006/2007 is 3.7


so full year rev = 25.2 million


cost is extrapolated from half year 2006/2007 which is = 8.5 * 2 = 17 mil for full year

mmm simple then,


full year EBIT = 25.2 - 17 = 8.2 million


mmmm NPAT of say 6 million....


or mmm ITE have made a few loses so we could assume that 8.2 but to be conservative lets say 6.6. mil




with 211 mil shares.
EPS
is 6.6 / 211

is 3.1 cents


with pe of 14 we get a SP

of 43.7 cents


or PE of 40 to be fair a SP

of $1.25


mmm is that where robbogets his 1.27 I think by mem


hey robbo just finished reading Philip Fisher , man is master but I can see flaws in his approach .. todays market is very different but some fundamentals still apply..

ok ocker wait for your reply too...


keep the comments comming