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Scant detail in the announcement may have led to a panic Going...

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  1. 809 Posts.
    Scant detail in the announcement may have led to a panic Going on last fin years figures and Statement I read about 13mill at most, ships comprising about 70% of revenue across all devisions and current margin
    6.5 % (I may be wrong though and can only go on what they have put out)
    .065x 913 =about the stated figure of 59.6 mill
    .045x913 =about 41 mill lowest figure

    Difference18 m.5 mill and representing 70%of the buisnesss to final figure about 13 mill max.
    Margins were 6.5 % which they mention again anyway are in the range.I would expect it would be in the companies interests to clarify but reading between the lines I guess its going to be about 5.5 ( average of two figures) or is there something else that hasn't been announced.
 
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