I know we need more than a $1 million p.a new revenue a quarter growth, but the fact is we have growth, 158% Sales Revenue growth (albeit from a low base) compared to:
Reporting season has begun in Australia, Macquarie Bank note “Investors approach another post-GFC Australian reporting season preceded by significant and share price damaging EPSg downgrades. This has left the Australian market?s FY12 EPSg forecast at just -3.3%. Notably, this reporting season sees the deterioration in forecast growth more broadly spread than FY11 – Industrials, joined by Banks & Resources. Indeed this reporting season is likely to be another reality check of the long grinding cycle („LGC?) and its impact on profit growth – weak revenue growth exposing profits to weaker margins – for some but not for all! DPS delivery against forecasts will be under unprecedented focus given the recent chase for yield.”
I know we need more than a $1 million p.a new revenue a quarter...
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