TBE,Yes. They did re-affirm the guidance. However, it all boils...

TBE,

Yes. They did re-affirm the guidance. However, it all boils down to timing of receipt of cashflow. Secondly, it depends on the AUD/MYR exchange rate too.

Anyway, as long as the company can show receipt of cashflows from the Malaysian government contracts, it will be the first step in gaining market confidence.

Let's wait and see. Hopefully ETC will be able to give us an update on their Malaysian cashflows by mid June. In my view, even AUD$40mil NPAT for FY'09 is considered a win for shareholders.

Happy investing.