05-18-2013, 08:53 AM
Was there a price target? I noticed WEDGE is assuming $0.97 and $1.25 for 2013 and 2014. Its a bit higher than consensus. They also seem to think Feiliu will do $28M (high end of guidance) and nationsky will do $35M. I think nationsky will blow through $35M. Too bad the margins are barely accretive.
Does anyone have access to the old wedge report? I'd like to see what they assumed for Feiliu last quarter, given that this current model is supposed to assume a conversion to net revenues from gross.
Does anyone have access to the old wedge report? I'd like to see what they assumed for Feiliu last quarter, given that this current model is supposed to assume a conversion to net revenues from gross.