Just starting a new thread to promote some discussion about the...

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    Just starting a new thread to promote some discussion about the EoFY results.

    My thoughts are as follows, or should speculations:
    (1) Cash flow is always tight at the EoFY and Cardno will want to maintain as much cash in the business as possible.
    (2) Share buy backs will be suspended for this month and will start again mid July
    (3) last quarter will be a bad one and I expect them to miss the Full Year budget, not by much
    (4) Asia Pac will be OK (Nth will be the under performer)
    (5) USA still problems and will be sold in the new year
    (6) Construction sciences will be sold in the new year
    (7) Gross Profit - Circa $50 Million
    (8) No impairments
    (9) No Debt this year
    (10) Expect some good debt and some more acquisition activity next year
    (11) Crescent Management is too soft and the need an experienced CEO from this sector to get them ready for sale
    (12) I expect that to happen in 12 Months
    (13) SP to remain subdued around $1.4 to $1.60 for the year after buy back
 
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