Net profit of $20-$25m, composed of:
* $15-20m profit from normal operations
* ~$2m profit from sale of 36300 routers to the Beijing project (I.e. $50 profit per router)
* $1.6m interest from Beijing wireless project interest ($35m at 4.75% interest)
Shared between 151m shares.
I.e. Annual earnings of $0.13-$0.165 per share.
All IMO and using some pretty broad assumptions about continuing sales success, stable margins, etc.
I'm not a financial advisor so DYOR!
WMC Price at posting:
20.0¢ Sentiment: Buy Disclosure: Held