re: new com's contract Nightstalker I agree completely. It now...

re: new com's contract Nightstalker
I agree completely. It now does not make sense to sell off comms at this time. The recent very large contract (15M) which could yet be up to 50M in value makes a very big difference to a business that had revenue of only 3.5M last half.

However 12 months ago the division was really struggling and it made no sense to keep it and waste time and resources for no return . Also if comms did not recover(as it has) then the company also was exposed to the costs of a possible close down of the division

With this contract revenue for 1h 2006 is going to be 17 to 19M .

This contract however wont last for ever but will last for a couple of years.

If this contract is a one off then at some time during this contract would be the optimun time to sell off the division.