gg you need to focus on EPS and not totals. During FY13 TTN...

gg you need to focus on EPS and not totals. During FY13 TTN issued more shares so earnings are spread across more thinly. Clearly Mr Mkt expects a leanish 1HFY14 from TTN and i concur. A month ago management expect 2H to be much bigger/better than 1H. But until those contracts are signed it's not in the bag. All eyes will be on outlook statement in the interim unless a major ann precedes it. Forget about brokers/funds eg. Pie making forecasts for earnings 3 yrs hence. Impossible to know what will happen in a sector where contracts are vital, margins reduced and things can turn on a tickey. FGE is an extreme example but plenty others have halved in price as 'pipeline' became a pipedream.