NFK 0.00% 47.5¢ norfolk group limited

net profit up 30%, page-6

  1. 1,138 Posts.
    EBIT was $11.4M

    The bottom line of $4.3M included $2.8M tax and $1.3M loss from the sale of Trafalgar.

    Given the $1.3M is a one off and the $3.2M financing cost is being heavily reduced, I advise that this is a well managed company that is ticking along very nicely, especially considering others are posting heavy losses.

    Quiet for periods, but always solid announcements, very shrewd, have not required nor will require a cap raise so the register is tight

    Cannot speak highly enough of NFK, wish I bought more at 19c and at those times that it dipped for no fundamentally sound reason.
 
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