Originally Posted by
MAC
Now there is coverage on Pacific Edge in the public domain, the market will be expecting what the insto’s and the analysts have in their spreadsheets, just as for any other stock;
Forbar FY15: $2.8M
Edison FY15: $2.32
There is a third analyst outlier at FY15 $3.82, but putting that one aside.
The expectation thus becomes a smudge under half the average of the two analysts full year estimates in allowing for the second half revenues probably being higher than the first, thus,
HY15 market anticipation = (2.8 + 2.32)/2 = $1.28 adjusted ---> = $0.9M
No, the SP won’t move on the revenues release, whether it comes in at $0.5 or $1.5M, no one will give a rats aside from the particularly fickle, and there has been an enormous flush out of the fickle over the last six months, they are all sitting on the sidelines, good riddance too.
It’s the commentary that may move the SP upward toward valuation, simply due to affirmation of the five year goal, progress against the commercialisation plan, and the outlook for FY15.