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countdown - myim- morley do researh and report, page-3

  1. 1,497 Posts.
    20500 is implying that the basis for the MyIM system may be coming from NBS. From my reading, it seems the Malaysian immigration authority may be spending in the region of $A60-$70m on this system, with targetted start-up for May this year.

    20500 is therefore implying that there may be significant revenue to NBS this year from this Malaysian installation.

    Of course, should any of it appear as revenue to NBS, it may still be in the receivables portion of the balance sheet at FY. :P
 
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