guru - last years figures were poor, after a similarly upbeat AGM statement.
And try deducting first half figures from the full year and you'll see that the second half was exceedingly poor.
I suppose CLS may have deliberately delayed some revenue from the second half into the current H1, along with writing off goodwill to make forthcoming interims look more palatable but that hardly seems ethical...
Alternatively, they are just massaging the market for yet another placing...
Unless this new system is a world beater, it's difficult to imagine how results are going to justify where the market cap is now......