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.
E88 Price at posting:
23.5¢ Sentiment: Buy Disclosure: Held