EVER SEE.

BROKE INTO PROFIT
MARKET CAP ABOUT 10 MILL
A MEGA STOCK IN THE BOOM
DIRECTORS HAVE BEEN LOADING UP FOR MONTHS
ALREADY UP TODAY
THIS SHOULD MAKE YOU A MINT

Harrier FY swings into profit, sees continued growth
AFX


LONDON (AFX) - Harrier Group PLC said it sees continued growth in the year ahead after it turned around results in the year to Dec 31 2003 to a profit of 200,381 stg from a loss of 19 mln stg a year earlier.

Turnover for the year amounted to 9.0 mln stg, down from 9.5 mln in 2002. In the second half of 2003 turnover improved to 4.7 mln stg from 4.3 mln in the first half and this improvement has continued into 2004, the company said.

EBITDA for the year improved significantly to 566,027 stg from a loss of 625,688.

Owing to the large deficit on the company's profit and loss account, the group cannot consider the payment of any dividends. To rectify this situation it said it proposes to apply to the Court for a reduction of the share premium account of the company.

The board also said that, with the overall improvement in its market sector it has increased the sales force to take advantage of the upturn and it continues to enjoy a growing pipeline of potential new business.

'During 2003 we have successfully stabilised the group and returned it to profitability. Our objective now is to further grow our revenues whilst maintaining a tight control of our cost base. We are aware of a number of opportunities in our market place and as and when appropriate will seek to supplement our organic growth with complementary acquisitions,' the board said.

newsdesk@afxnews.com

Wouldn't have made a mint if you bought at 8am and wanted to sell now.(down 10%)!

This could be interesting. Looking at the expected earnings and P/E ratio and some government contracts that the company will be going for. What do you think?

25k buy just gone through at 28.

10k buy @ 27.75

Small movement. AGM in mid April.

28.5 now

davec, would you like to add anything to your Feb post?

LOL

Has this stock been suspended? I have not been following the market for a long time so a little out of touch.

Thanks

:)

ticker, yes its suspended and its now issued a profit warning as well.

It would be good to hear from davec ;-)

I thing Davec must have hanged himself.

Spaceman ... I'm gonna make this my share for 2005 :-)

15p, wow is that the price, gosh glad I stop lossed out years ago and never touched it since!

This has been a cracker for me over the years , bought some at around 600p once and flogged them at about 800p a couple of days later.

Flying today :-)

In them days it was easy to make money in tech stocks before the bubble burst, you chickened out early when you only got 8 lol.

Aye , them were the days.

Them were the days and they are back again... very high p/e on the nas so watch out!!!

This dog is profitable , its also a takeover target . Unless business takes a real nosedive then I can't see them going this cheap.

This aint a recomendation , just a bit of a gamble.