Originally Posted by
kiwi_on_OE
The forecasts made last year were: -
Jan - rev 40m, net (2.9m)
Jun - rev 33.7m, net (11.4m)
Aug - rev 27-30m, net (14.5-14.8m)
Nov - rev 23m, net (14.5m)
At least they almost managed to meet the forecast they made in Nov! I'm wondering why they referred to their Jan 09 forecast, they could've referred to any of them from last year, or indeed none of them. Could they possibly be doing it to make their results look worse so that they can buy some more shares while they're cheap?