ijudge

ijudge types,

If ENG has another 6 month loss of the order of $5m, it will prove to all concerned that this company will likely never be profitable at all, in which case the company will likely approach asset backing in $20m + $5m / 349

ie 7c

How do you come about with these figure's?

my estimate was $3m loss for jun - dec 2006 + $1m upgrade + directors extra milking = about $4m + loss

And this?
My analysis was for a $2.8m profit for the first half calender 2007, but with the poorer trading figures, the extra director milking, expanded marketing costs, i would be surprised if they turn a profit

remember 3.49m profit = 1 c a share

How would you know cost's?
From 10mil EBITDA to 2.8 profit+ milking+poorer trading figures.
How would you know this?
These are your predictions without knowing current company situation since mid06 was last report.
You should talk about the positive's, such as growth in subscribers, Engin claim to be no:1 in growth, and i agree,very strong alliance's,40+% market share.
ijudge put your fingers in ice and take an unbias approach :)
cheers