IDL 0.00% $1.27 industrea limited

thanks yosef.credit suisse says"We estimate that this contract...

  1. 1,226 Posts.
    thanks yosef.

    credit suisse says

    "We estimate that this contract was set to contribute 10-15% of group earnings in FY11E. IDL has not given any guidance as yet as to the flood impact, however, we have assumed that it
    will take 8% from FY11E forecasts, factoring in three months of losses"

    I dont get it :/ Yes probably about 10% of revenue for the year, but 8% for 3 months? Fosters seems more realistic, minus 5 mill revenue. Tho suisse is right re. no recent contract wins, would be nice to see some.

    Im more worried about a good overall half, rather than specific flood impacts.
 
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