Looking at the full year numbers... Wowser!!!! $1.9M loss before...

Looking at the full year numbers... Wowser!!!! $1.9M loss before tax... At the half year it was 100K profit on $4M in sales... So in the second half of the year, a loss of $2.0M on sales of 12.0M...

That contract with CMA must have been a dog... what i dont understand is that it has been reported as being complete so why didnt the company warn of a loss until the year end results???

In any case lucky one of the board members is a high profile lawyer - Philip Loots (if you google him he has a book on contracting and legal counsel to Bechtel)... I would say with this fire power TPP will get all those additional costs back... Better result for 2015!!!!!!

surely the SP should have tanked... the fact that it didnt IMO means good times ahead.... I am hearing more and more talk of something big... perhaps all those $$ invested in "Organic Growth " will pay off big time.... Go bontempo, go go go!!!!

As a bit of a cynical comment, from the announcement i think the company needs to look at wtf they are saying... Who is doing the spin doctoring for this one!!!:::

"2014 was a transformational year for Tempo, highlighted by a period of change and growth. In April Carmelo Bontempo was appointed Executive Chairman. Key to his role was to oversee a re-structure of operations and performance, to ensure the Company was best positioned to secure targeted new business contracts and deliver them in a cost effective manner - with a focus on quality on productivity."

re-structure of operations / Cost effective??? the business went from breaking even to losing $2.0M!!!!! In fact the loss is worse than in 2013!!! gone from losing $.6M to losing $2.0M... Perhaps now there should be restructuring....

Dont be alarmed though, i think Bontempo knows what he is doing.. with the cost recovery from CMA in 2015 + a the contract extensions + a couple of big banger contracts 2015 is the year for this stock!!!! Big revenue + big profits...

Hopefully we get a good update in the next quarterly...

How do others see it??? has anyone other than Hibbahellfire heard anything

Good Luck!!!