Contracts20 Sep 2013 11:53
I made some rough calcs for earning per share based on recent contract wins.
the second phase of the DCE Birmingham project and a data centre at Cody Park, Farnborough = £2 mil
the first stage of a major European data centre = £3mil
For a leading UK main contractor = £1mil
MBG's traditional clients, an international telecommunications company = £0.275mil
the refurbishment main contractor sq.m2 Limited on three contracts = £1mil
fit out in Enfield a gym for a franchisee of Anytime Fitness = not known
If we assume margin of 7 and 10%, eps will be about 0.20p and 0.29p.
Only based on these, SP should be around 3p now fundamentally. Chart is also supporting this upward movement. More importantly, there is a revenue stream from previous projects as well, which are not included in my calcs.