I'm not expecting anything exciting in the financial results this Q and remember this is still not a full 12 weeks trading for the group that will be in this Q report....it's the commentary around this report +/- any forward guidance/market update(s) that will be key. Any contracts they have announced between Jul and Sept will most likely not land as revenue till Q4 (Jan '18 Q report). What might be more useful going forward compared to revenue is their order book. This is always reported on for engineering firms....ie. how much work they have going forward. A growing order book is as important as revenue that has been received. This doesn't have to be a list either, but just a figure, as per ASX listed engineering companies.
kind regards, SEAH.
I'm not expecting anything exciting in the financial results...
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