re: interesting stock...t4p t4p - interesting stock as you say....

re: interesting stock...t4p t4p - interesting stock as you say.
Have followed it a bit myself and owned some in 2002 when their financials made a turn for the better after being in the doldrums. I thought it might have been the start of a major turnaround - and although the improvement in revenues lasted about 4 reporting periods the pre tax operating margins were too slim making it tough to turn that into eps growth - between 1% and 5% (and recently making a loss again).
Their revenues and pre tax profits for the past 3 years have been...

2003 $17m/$1.1m
2004 $22m/$1.1m
2005 $19m/-$1.7m loss

I couldn't understand exactly what their problem was - as they won contract after contract - I ended up putting it down to a combination of perhaps bidding for contracts at too low a tender price to win the business and the contracts won were one-offs - with little ongoing revenues streams - ie Hewlett Packard sells printers but the real business in the printer business was their margins on the ink cartridges.

I will keep a watch again and do some more digging - but I think the operating margins are key in the first half 2006.

Nothing wrong with the technicals as you say though for a trade - all the best.