ashgrove, it is a bit of nonsense. Most of the body of the report is reasonably accurate but when she gets to the assumptions and numbers she loses it.
Fig 1 gives 2008 projected sales as $10.4million,
Fig 7 gives 2008 projected sales as $14 million
Fig 3 gives half yearly sales of:-
1stH '06-------------$1.185m
2ndH '06-------------$3.467m
1stH '07 -------------$5.063
then she goes on to comment how the half on half sales are increasing strongly, almost doubling at times, but then goes on to project the full year 2007 $9.2m.
That of course gives a 2nd H '07 projection of $4.137m, almost a million LESS than the first half.
Maybe Lodge Partners have some big clients wanting to buy? Nah, that doesn't happen, does it?
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