RE: Attention new sharholders30 Jul 2018 23:11
Not sure why funding would be required, if profits have been made in the last 3 months, and the order book is full.
What I can say is over the next 3 months we have been told an extra £900,000 of work has been won, if half falls in that period it’s an extra £450,000 of turnover.
Margins are now running at 33% so that’s £135,000 of profit in addition to normal profit for the 3 months.
You asked what the profit would be this year, first of all, the first half loss announced today would have to be covered.
The stock market looks ahead 6 -9 months and discounts that first half loss in favour of a forward rolling P/E ratio.
I can’t tell you what profit will be made from May 18 through to May 19 .
This is what we do know at this stage
May to July, Profit as results today. ( don’t know how much but margins have risen and costs cut )
Aug to May 18 will have £ 900,000 of extra turnover at 33% margin or £270,000 profit to add to normal turnover without any new big orders being won.
Hope that helps.