Surprise Surprise.No comment about the high Aussie dollarSales...

Surprise Surprise.

No comment about the high Aussie dollar

Sales the same in $A , high margin business possible yes, and cost control which probably means they have slashed the investment in new projects which are historically expensed and the extent of this investment is not disclosed.(My estimate is $40 million plus in the past 5 years)

I can't wait to see the labour and material cost number in the P&L. I am beyond hope that there will be a coherent explanation of variances.

The last press release was May 2011. The new business they are doing must have them very exciting.

What this result shows is that at its core there is a sound stable business ( ongoing maintenance revenue). Anyone holding this stock cannot afford to get out until the real value is able to be realised.When ever that is!