Sept quarter sales this year were $10.6m compared to $5.5m previously. The 2002 Dec half year was $14m so I am predicting $24m for the current half year given the strong growth in DVD unit sales, large DVD advertising space in store xmas brochures, and good marketing by Magna. This compares with current year guidance of sales of $35m for the full year. I think they will blow it away. Richard Becker BKR said in chairmans message he expected $4m from Magna this year. BKR hold 50% of Magna Pacific as does Magna Pacific Holdings. My opinion only, do your own research. I hold
MPH Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Not Held