SEN 4.00% 2.6¢ senetas corporation limited

deafening silence, page-8

  1. 7,379 Posts.
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    reality The fact of the matter is an 11 million dollar profit is weak, it is the same as last year. SEN were claiming of reaching 250 mill in revenue by 2008, seems like a mile away. More likely to see profits maintained for 2005/06 and most likely drop in 206/07. EPS will be low once again and no reason for investors to get into an embattled company like this one. One their technology is superseeded, and contacts in the industry say it will happen soon, revenue will dry up like the lakes of the australian country side. Then you will feel the pain. make the smart play and get off a sinking ship.
 
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