great numbers and new business launch

JIN has just released some great forecast numbers with half yearly revenues expected to come in between $44-$48mil and an NPAT in the region of $2.9-$3.3mil. They are usually err on the conservative side so wouldn't be surprised if these numbers get revised upwards in rhe new year.
Given that the 2010 yearly came in at $4.8mil a $3.3mil or greater half yearly result is a great lead into the second half......P/E still ridiculously cheap even on last years $4.8mil result and if we get a possible $6m-$6.5m 2011 yearly then market cap can't remain at these levels !!

Also,today JIN launched a new business venture "www.jumbopets.com" - I asked the question whether they were partnering with another company/business and Mike indicated they were sourcing,warehousing and delivering all the products themselves. The strategy behind doing it all themselves is that there is a bigger picture of bringing additional businesses online.....As you may or may not be aware the ozlotteries customer base is over 1mil in size so they have a great starting point.

Things are looking good and will be even more so when those Lottery deals in the US are done.