21-07-2012, 09:05 AM
(21-07-2012, 08:04 AM)freedom Wrote: I just wonder base on what, they have so high of forecast of 2014?
Forecast Period 2013 is for 27-Jul-12 to 31-Mar-13, ~8mths. The figures looks ok when projected to Projection Year 2014 for 1 full year.
Ibis Beijing Sanyuan is expected to be acquired only after IPO, so contributions for FY14 is projected to be a lot more than FY13.
I only did a quick look. You see something not right in the breakdown on Pg 52/53 of IPO Prospectus?
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