From OD on advfn3 Aug 2014 18:21
I'd be disappointed with 500k (profit), if margins can be maintained around 40% and with the upturn in fortunes i'd expect gross profits in the region of £5.7M. Allowing for an increase in admin expenses to 4M PEG could see an OP of £1.7M.
Financial expenses should be circa 100k for CLN at 7% and PEG have deferred tax assets to utilise so even allowing for lumpy nature of any contracts PAT should be above £1M.
I'm obviously biased though! PEG is a small cap AIMer but restructuring last year has left them in a much stronger position so i'm hopeful of a good return here. Forward order book is already looking good for 2015 & 16 so should hopefully be a good value & growth play over the coming years.
OD