Thanks for your comments fodz. The HY commentary from management was pretty bullish on revenues, but not so bullish on margins... however, similar situation to post-listing when they disappointed; they soon pulled things back in line and were upfront and conservative in their outlook.
I trust these guys to know what they're doing. It probably won't be a flashy, full-on, leveraged, Hastie Group style expansion, but at least you can be sure they won't take any huge risks - just keep growing rapidly, mostly organically and trying to maintain or improve on margins as possible.
Not directly exposed to forex and the US and will be buoyed by ongoing demand for new technologies even in a slow down - especially those involving energy efficiency and security. In fact, a slow down may even be beneficial in terms of being able to retain skilled staff.
One of my biggest holdings for now.
KLM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
