What are your assumptions fellow estimators? Giving the number...

What are your assumptions fellow estimators? Giving the number is useless if you don't state your assumptions and reasoning.

Let's look at the 4 parts of the business:

1. Slater Aus
2. Slater UK
3. SGS
4. NIHL

According to Mr. Grech, Aus and SGS are on target. NIHL and UK in trouble.

NIHL + UK equals approximately 20-30% of slater's revenue and profit estimation. Let's say those two areas are not profitable for the year now, then the maximum one should deduct from EBITDAW is 30%.

Only way you can deduct more than this from the 205mil figure is that you expect those 2 areas to be negative and/or SGS and Aus also not pulling their weight either.