ADA 0.98% 50.5¢ adacel technologies limited

important 55mill dollar faa contract

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    $55mill FAA contract announced today. High margin, so plenty here for the bottom line. Most likely there will be a similar sized contract in FY09 as well.

    FY08 profit likely to come in around 3 times higher than last year. FY09 will be better still.

    $1.00+ sp is on the cards in the short term.

    Low market cap

    Heaps of cash

    Share buy back

    Long term, high margin govt contracts

    big increases in earnings over the next few years

    Now the fun starts.
 
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