Daytrading Jan 27 afternoon, page-145

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    CLT Fundamentals

    A growth tech stock with a normalised P/E of around 5.

    $16 million market cap with profit before tax of around $1.8 million for the half year... full year profit likely to be around $3.5 million.

    No debt... and will pay zero tax for several years to come - CLT has over $25 million remaining in tax offsets

    So the trading update they released on the 13th Jan stating profit before tax is also likely to be NPAT:
    clt3 profit.PNG
    Profit up 5-fold from previous corresponding period

    Quarterly/ Half Yearly to be released by Monday at latest will get many more reads than the trading update.
    Amongst other products, CLT sells Wemo - an Internet-of-Thing system for Home Automation

    Make coffee in the kitchen, or turn off your bedroom light, from your bed with your iPhone or iPad:

    wemo.PNG
 
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