ITE i.t.& e limited

re: a superstar in the making Hi All,Happy new year to all those...

  1. 26 Posts.
    re: a superstar in the making Hi All,
    Happy new year to all those ITE investors.

    Just a follow up on your recent post Re:$30m NP as at 30/6/07. One thing I'm not sure about is the time frame it takes to implement these contracts. Approx 6 months is my guess per contract. So even if these contracts were announced in mid Jan - Feb 07 and work started on the bulk of them by say March they would only be able to recognise a portion of the completed work for 30/6/07. I guess this only applies to the consulting time and not the product sales.
    However your reasoning is compelling for a hugh upward price readjustment on ITE on any sale announcement in the short term as the stock is so tightly held and any upgrades via brokers etc would put immediate pressure on the share price.
    Also will the company provide any forecast on there 30/6 position now that the AIM listing has passed???

    Cheers
 
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