capitulation, page-17

loulouhaha

The Malaysian contract has been previously discussed & I would think that the share price has already factored in the possibility that this contract may be put on hold. Apparently Foresight Securities have said in a review "Touching base with management has revealed that progress of the Malaysia Immigration contract has been far slower than anticipated ... with a resolution anticipated within next few weeks, ..."

The delays allegedly due to Malaysian Govt budgetary issues.

It could be NBS are being optimistic about resolution of Malaysian contract ... these issues have a habit of dragging on, ...

With this in mind & taking the strong AUD on board - the 2010 result might be no more than 2009 or even a little less.

Base on current information its hard to hope for anything more - nevertheless it could all change quite quickly. ;-)