PPR17 Apr 2013 16:02
I’ll repost this ………. Plenty of room left to move up IMO especially if another contract of size gets added on ……….. I think this probably constitutes blatant ramping, sorry!!
“I’ve been running through some numbers, based on a 30% margin and combined Administrative and Distribution costs at £1.2m
The orders since Sept last year total about £4.2m, working with the above figures would make a profit before tax of £60k …………. About half a penny EPS
With at least a part of the July contract added to the £4.2, I’ve reckoned on £300k ………… so £4.5m gives a profit before tax of £150k ………… EPS 1.3p
Moving up in £500k chunks …………. Seems that they require somewhere around 3 to 4 months to complete the size of the orders that they recently won which would imply that any new orders up until the end of May this year of a £500k size should fall onto this financial year’s balance sheet
Revenue of £5m gives a profit before tax of £300k ………… EPS 2.7p
Revenue of £5.5m gives a profit before tax of £450k ……….. EPS 4p
I’m just playing around so don’t take the figures seriously …………. Food for thought”