noad

LEADCOM, a real growth company.

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PapalPower - Tue, 02 Jan 07 :

Well the new year has started, LEAD is forecast (without the big BSNL contract) to do over 5p of earnings this year (thats based on a 1.96 $ exchange rate, and a lot of people are forgetting that plenty of Asian currencies are pegged to the dollar, and they should not do that when calculating EPS in pence for this year, going to be a few surprises with lower EPS figures than people are hoping for, in pence terms at least)

So the price is current year times 10.........when a growth stock with no funding worries are normally over times 20.

13 days to the BSNL hearing, and if that is ok you can expect major upgrades to this current year revenue and earnings, to around 7p EPS for this year IMO.

Makes Leadcom very cheap, when with BSNL and Reliance for next years figures could see earnings in the region of 12p to 15p.

Each to their own, I would not expect anything much to happen between now and news of a major contract win, we are in closed period for results in Feb, so only a major contract win RNS could come out.


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