EOS 1.06% $1.91 electro optic systems holdings limited

furthermore ...!!I came to the conclusion the half year profit...

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    furthermore ...!!

    I came to the conclusion the half year profit result would be a shocker! ..loss in the range of $90 million is my estimatiion:
    1. Trading loss of $45 Million (they told us this!)
    2. Write off Impairment of Spacelink ($30 Million!)
    3. Provisions for retrenchment and restructuring ($10 Million)
    4. Various costs for adivsory and strategic stuff ($5 Million)

    I never really thought it would go into Administration (and this has not yet happened). So I sold 95% of my holding on Tuesday and only kept enough to keep a small marketable parcel on my watchlist


 
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