RE: Q1 Looking at Q! a little closer and noted cdn operations below q1 last year but offset by aquisition which was strong. (Some loss of business negatively imoacted and hopefully that is behind us now) Surprised they increased LT debt by $10 mln and bolstered cash to $15 million. Could this be used for a small acquisition somewhere south in new few months? Working capital chages worked against them I believe also I think.
Thought debt would have gone down. If Cdn operations can stabilize and grow a bit on top of NZ ..maybe EPS $4.20 plus is possible 2012.
Is $4.50 EPS possible ? or am I dreaming??