28-04-2011, 07:58 PM
Today (28Apr11), Foreland has issued a positive Business Update.....
http://info.sgx.com/webcoranncatth.nsf/V...000323665/$file/ForelandBusinessUpdate.pdf?openelement
While in the announcement Foreland has clearly indicated that Q1-FY11's revenue and PBT are expected to be higher than the comparable figures for Q1-FY10, it will be really great if the Q1-FY11 figures can come in ahead of those for Q4-FY10, as this will confirm the underlying strength of the current business recovery and the strong demand that supports it.
We shall know it by 15May11.
http://info.sgx.com/webcoranncatth.nsf/V...000323665/$file/ForelandBusinessUpdate.pdf?openelement
While in the announcement Foreland has clearly indicated that Q1-FY11's revenue and PBT are expected to be higher than the comparable figures for Q1-FY10, it will be really great if the Q1-FY11 figures can come in ahead of those for Q4-FY10, as this will confirm the underlying strength of the current business recovery and the strong demand that supports it.
We shall know it by 15May11.