200 million over 3 years.
Not sure about their accounting methods, but if they include the total amount of the contract in the order book for FY 2013 that brings the order book to 1.5 billion dollars in secured revenue, and that's the key word here, secured.
The tender pipeline sits at 4.1 Billion as well.
Company, worst case scenario, stands to record a 20 million dollar profit for FY 13.
On a Market cap of 200 million, for me it's a screaming buy.
As always, DYOR.
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43.350 | 12921 | 6 |
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