According to Paterson's earnings Forecast (cents per share) are
------2007 '08 '09
EPS -- 6.8 24.9 .388
there are 71,331,333 shares
I assume that the forecast is for the end of their financial year
If that is the case then we are looking for a profit figure of around
$4,850,530
you are talking about a quarterly report coming out on monday....
well if that is the case then I suppose the figure reported should indicate that the company is likely to hit the expected profit figure.
Just wondering which quarter it is ? Probably third quarter..might be looking at about $1.2 mil with a total of around $3.6
Anyway this is only back of the envelop stuff
It may be better than we think.
The reason I say this is the amount of buying that went on Friday.....
probably insiders ;-)
In any case we could be in for a pleasant surprise.
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