arasor dip defies outlook, page-2

I reckon this stock had a lot of speculators in it.
If you look at the chart the price started to fall not long after the Pyramid Asmara deal was announced.
I'd say the companies share price is deal driven. It is not really driven by fundamentals.
However I think you can see some good fundamentals emerging. Just look at these figures. '07 figures will come out in December or January I assume and '08 is the companies guidance.
Forget about Paterson's Securities. Those are full of sh... They just want to sell shares in the placements so they'd say anything (sc..bags).

But anyway here are the figures.

Revenue (06) $29m (07) $122m (08) $242m
Profit/loss (06) -$17.1 (07) -$19.4m (08) $30m

The story is that they have postponed profits by selling low margin products in what they call a