ann out. intec ltd results for year ended 30 j, page-18

Agree, cashflow is the important thing to watch for. It'd be nice to know what their annualised profit for the last few months is though, but I don't think we'll get enough info from the FY Report to work that out. If we can summise though that they lost around $5 million in the first half & are basically breaking even for the year, then for the last 6 months their annualised profit is around $10 million. I know I haven't taken into account the profit from sale of JRV shares but it would probably even out if they had made 6 months worth of shipments. If my sums are anywhere near correct, then INL is sitting on a PE of around 6-7 for 2008. Not too bad really considering the potential they have (assuming it comes to fruition).