market update, page-24

I'm not so sure I'm following the conversation correctly.

Current p/e is 43/5.8 = 7.4


Forecast:
Earnings and cash flow are expected to be skewed materially to the second half as a result of the wind out of lower margin large scale TDC projects

Full year revenues of circa $500 million


Recent results:
Revenue up 22% to $492m
EBITDA up 1% to $16.5m
Net Profit after Tax $5.8m



These figures read okay to me. It is making a profit in these difficult times and althought it isn't growing that fast, I'm happy to accept better than bank interest, substantially better.


I will be buying these around this price.

:-)

Happy accumulation.