profit forecast

Senetas annual report stated they would issue their full year forecast some time in September

The story thus far goes something like this :

$5 million profit already in the bag
$4.2 million in sales at the beginning of the year - they have stated that they expect margins to be greater than 25% which = another $1+ million thus far

So if your still with me we now have $6+ million in the bank

They are expecting security network sales to be approx the same as the professional services division which was $12 million
Allowing for small growth that gives us $24 million at 25% margin = 6+ million

Total profit = $12+ million compared with 3.2 million last year

You can work out the share price for yourself

kawartha

PS - Did I mention Safenet