E88 0.00% 0.0¢ ensogo limited

IBY @ 23.5c has a MC of $100m H1 14 gross turnover was $71m....

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    IBY @ 23.5c has a MC of $100m

    H1 14 gross turnover was $71m. without profit.
    H1 2013 to H1 2014 saw gross turnover increase 90%

    Total Orders, H1 2013 - H1 2014 increased 129%

    Applying a 40% increase from H1 2014 levels, H2 levels could see:-
    Gross turnover at circa $100m, and total orders circa 2.6m

    Giving the group a further 6 months to implement synergies and smoothing out of operational issues, you would have to think that with the rough numbers used above, a small profit would be made in H2 2014.

    A 90% increase in share price from 23.5c would see IBY trade at 45c, which was the recent issue price..

    Medium term, this is looking good/great.
    Charting wise, this currently looks horrible.
 
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