SEN 7.14% 1.3¢ senetas corporation limited

Senetas annual report stated they would issue their full year...

  1. 711 Posts.
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    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
 
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