Read the latest interims.......just make sure that you are sitting down.

Not much on the order book either, wonder if it will start to drift down?

I expect to see in close in the red.

snap .... but shall watch with interest rather than go short (i think!) ... chart below shows 25+dma converging at about 520 which will or at least should give quite solid support .... of course, if that is broken with any impetus, then a short may be the order of the day





red = 25 dma
green = 50 dma

This is being shorted, watch L2, everytime I put a sell order in at the Offer, I get gazumped! That's why it's ticking down.

PT .... are you trying to sell your holding or to go short?

Short using DMA

This is a BUY.

I don't think so hlyeo. The funding/expansion issue has not gone away.

Err, seem to have a few cash flow problems, burnt through the $120m and now off to the bank for another loan. Any slowdown in revenues due to manufacturing problems (expirenced already) or reduction in sales and they could be in trouble. But to be honest I don't really give a stuff either way.

Well after wading through all the puffery at the top of the accounts if one looks at the cash flow statement theres nothing there that as changed from quater three.

Cash outflow on working operations of just over 14 million. And a ever rising inventory.

Little wonder they need further banking arrangements on top of the bond issue.

Some across the road are not looking at the finer detail.

On 16 February 2007, the Company indicated that the consolidated profit before
and after tax for 2006 would be in the range of US$22-23 million. Reported
profit before tax is US$22.8 million. Total IPO costs were US$4.1 million, of
this amount US$0.4 million has been charged against profit for the year and
US$3.7 million against the share premium account.

Can anyone find any mention on margins which were dropping last quarter?.

How on earth this one as got away without it being called a profit warning is mind bogling.

No met up with any of the Brokers forecasts.

in that case, y is sp defying gravity?

It's like throwing a ball up cynic - that point where it seems to slow and stop at the top - we know what happens next!

hope so as have just shorted at 544

goldfinger, hope you don't mind, just posted your post elsewhere.

No probs GH.

brave man cynic, i do agree however.

hope it's no more brave than telling you all to buy DOM as few weeks back

Pulled my order earlier, but having another go now.