There you are again racedo, When the managers and chairman say EI will be in profit for the year, we are to believe you are we?
Well given the change what they are saying every month you could do worse. All of a sudden their dismal forecast of November changes significantly because FR made a bid.
Its dismissal of people via redundancy doesn't get shown in its Operating profit - it gets treated as an exceptional item before overall profit but given that 1st half year results showed they had to inject cash then how exactly is it going to dramatically change in the second half of the year ?
It has to inject cash into the business each year which means its making none.