big win, page-9

Great post Andrix, breaking down the figures as you did, gives us much better insight to what is going on,

I pointed out the negatives earlier on, now for the positives.

1) They actually made profit, not as impresive one as the previous half, especially when one consider the increase in revenue. Never the less, it is PROFIT, unlike many other penny stocks that just bleed money year after year and are tapping shareholders for more.

2) CBD has plenty of work in hand, hopefully at much better margins than achieved this half.

3)The "Italian Job" (if contracted) wil be in two parts.
First part being 10 MW or about a quarter of the total. So rough back of the envelope calculation, worth about 45 million and loking do-able at a stretch. Will reqiure excelent financial management.
Sucessful completion on time and budget should put CBD on the radar of the potencial customers and also market analysts and observers.
The second part of the project, the big chunk should be easier than the first IMO.

Finally, if we look at the figures for the whole year,
we get profit $8.4 million on $114 million of revenue.

Roughly 1.75c a share for a whole year and P/E of aprox 9.

Not bad for a company that until last year was loosing money hand over fist year after year.