Revenue looking good :) Driven by European demand!
New engines to be shipped (from new factory) in June'09 qtr..... Im assuming this revenue will be recognised t the point of shipping.
Scartt production very encouraging.
The Vietnam connection...well...this could be anything... but looks like it may well be a plum.. :) Obv profit margins will translate as these models will come out of the new factory :) Very encouraging.
Cost savings of $60K per month (assuming near on 3/4 mili p.a)
Summation... I like it all - ALOT!
JC :)
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