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Is it really such a bad result ? This is how I read the half year:
Earnings per share 2.1c (4.2c annualised)
Operating cashflow per share 0.6c (1.2c annualised)
Cash in Bank $9m
25% growth in airtime sales
NTG is trading currently at a multiple of 4 x cashflow. While the business isnt setting the world on fire, its not exactly a bad result compared to share price\
Cheers
z
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- very bad result
NTG
national telecoms group limited
very bad result, page-2
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