PRO 0.00% 87.0¢ prophecy international holdings limited

Yep top up below $2 I think. I am picking a consolidation above...

  1. 360 Posts.
    Yep top up below $2 I think. I am picking a consolidation above 2 over coming days once profits have been taken etc. A classic case of sell the news? Management like updating the market so I wouldn't be surprised seeing October sales figures in early November.

    The more I think about it the happier I am with the 2m profit for Q1. If we extrapolate with slightly more profit over the 3 remaining (seasonally stronger) quarters it seems very likely we can get to minimum 9m EBIT or >6.3m profit/10cps. That's a multiple of 20 which is easily justified. I will play the cautious game, but I can see a decent sized guidance beat coming.
 
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