Expected 1st half EBIT 57% above the corresponding period ($611,779).......i.e. around $1m. If the 2nd half proves to be "as good",.... full year EBIT will be around $2(which is the same as 2011. It means ZERO growth for 2012,unless we see much bigger revenues in the 2nd half. LBL is not growing at the same silly speed as some of us were expecting. However,there is big scope for significant expantion in the coming years. I liked wording like "just scratching the surface"... "global expansion"........bodes well. I am holding LBL tight for the next few years & haven't changed my "humble" projections drastically,but based on these numbers we might see a drift in the SP to the high teens.
LBL Price at posting:
21.0¢ Sentiment: LT Buy Disclosure: Held
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