powering ahead, page-2

short covering in the short term...even though the announcement may seem positive..i believe its a great time to short IMO

Order book at the moment looks like they have 320m in rev locked in. they need to get this to 400m to hit target.

NO chance. Currently running 10% behind. So let?s say they hit 360m in rev.

Costs 79*4= 316m

So that?s 46m EBITDA

Then we have 30m interest cost


And DA which is real and runs at 20m


So loss making even after all the costs are taken out.


What are the options after that?? No more costs to take out so only option is to grow revenue? and this is out of there hands