migloo ..for a company barely afloat 5 years ago to a company today on the most recent release with $23 million in the bank .( market release)
Having sold its latest 100gps computers. ( market release)
Latest numbers indicate almost $6 million EBITDA.( market release)
No debt.
I would suggest these numbers all show excellent progress financially and also in sales of new technology...with hopefully more sales of all new products to continue.
Bell/Potter research points at a contInued SolId rise in sales...I await 2019 results hopefully.
migloo if you are expecting massive sales of 100gps and massive sales of virtual computer software and all other products tomorrow ,all at once ..then all I can say is ...Sorry real life success is buIlt on steady progress...not on massive miracles or exciting fruitless releases..This company reports only the facts..no hype here.
Its just steadily movIng the EBITDA upwards..retaInIng margIns or ImprovIng them ..keepIng debt low ,ImprovIng technology ,keepIng a good management team together and havIng a great Strategy.I belIeve Senetas contInues to delIver on all these drIvers of prIce enhansement.
The Investor at 5c or less has had an excellent return over the last three years on thIs companIes SolId development( over 100%) .May I remInd you that the All Ords has Increased only about 20% In the Same TIme.
I belIeve recent releases contInue to Show OutstandIng Progress on buIldIng a SolId base wIth clear IndIcatIons of Strong PotentIal for future wealth creatIon.
However please don't let me spoil your dreams of a massive prIce movement tomorrow!!!
all the best to all.
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