The result just announced is right on forecast - and correlates with the Credit Suisse assessment for 2011 and for their assessment of outlook for 2012. A 20% growth in revenue will take IDL to around 428M .. and the correlating profit as outlined by CS is 69.6M -- which is around a 35% increase for 2012. Five years YoY growth in this market is a great result. Their (CS) target price for 12 months is 190 (58% upside from last nights close). I like to find some other stocks out there like this to ride on. Any suggestions on others ??
IDL Price at posting:
$1.26 Sentiment: Buy Disclosure: Held
