profit up 161% revenue up 72% 2011 guidance

  1. 1,406 Posts.
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    I am expecting 2011 to be a real turning point for ICP.
    Per the Earning Guidance announcement dated 25 Oct.
    Prior to theSales Acceleration announced on 29 Nov New Contract announced 17 Nov

    Link.
    http://www.asx.com.au/asxpdf/20101025/pdf/31tbsxlqq9dgg6.pdf
    We should Expect.
    Revenue up 72% to $73Mil
    EDITDA Growth of 166% to $12 Mil
    NPAT up 161% to $6.2Mil
    Order Book as at 20 Oct $50Mil and further announcements of new orders.
    Production output increase in the 12Mths from 150Units per Month to 500 to 600Per Month.
    Expecting conformation on or about on 25 Feb as per Half yearly accounts posted last year.
    Would like to think ICP will be rerated.

    Please DYOR.
 
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