ETC entertainment media & telecoms corporation limited

Clear profit guidance, 15 months in advance of year end and 5...

  1. 1,497 Posts.
    Clear profit guidance, 15 months in advance of year end and 5 months before the China contract was even signed?

    Yet this forecast somehow includes $20m being invoiced on the gas tank project in this fiscal year? So we either deduce the $20m has minimal NPAT margins or else they were confident of being able to book one-off, upfront payments in the 09 year over 5 months before they mentioned the deal to shareholders.

    Nice disclosure.
 
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