Neratel

[KopiKat]

the edge say the ceo forcasting earnings to 25 mil in fy13 and 28 mil to fy14

It does sound fantastic when compared to FY12 Net Profit = $19.4Mil!
But.... the acquisition of the remaining 70% stake in Nera Malaysia would have a Proforma impact to Q1 Net Profit from $5.844Mil (1.61ct/share) to $12.828Mil (3.54ct).

Of this ~$7Mil "extra" profit, $6.6Mil comes from Negative Goodwill (whatever that is) + $519k from Nera Malaysia Net Profit (this is the recurring component and can be used to project for the FY14 figures...).

So, the CEO forecast is likely simply coming mostly from this Nera Malaysia acqusition...

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