Defense Industries International (fka DFNS)

[StockDoubling]

My prediction for revenue earnings for Q1.

Local civilian $850k
Local Military $1.1 million
Export military $1.6 million
Export civilian $150k

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Total Revenue of $3.7 million

Local civilian is usually in the $800k range.
Local military I put $1.1 because in their 10k they say they shipped $1.2 million of the backlog to IDM thru the first part of April. (So I took off 100k for April) Also I am not sure if additional sales would be included in that or if that is it. So that # could go MUCH higher BUT shouldn't be much lower than that.

Export military I took the 5.2 million last year and added 25% growth which is $6.5 million for the year and divided by 4 quarters so $1.6 million there. (They say they are looking for growth there. They grew by 40%+ last year)
(I think $1.6 million maybe a bit high this quarter though)

Export civilian was only $600k for last year so I just divided by 4 basically.

Personally if it beats $3.9 million I would be pretty happy with the quarter as far as revenue.
(I don't see how they will be able to beat Q2 2007 #'s as that was a monster quarter)

The key of course is where is the earnings?
They did .014 on $3.9 million last year. Will their margins be as good?
I say no but I guess I am pessimistic.

So I say revenue will be in the $3.7 million area if that. And earnings will be .008-.01 EPS.

ANYONE HAVE ANY THOUGHTS?
What do you predict?