I feel like OTC hasn't been given enough credit. Based on the FY2013, I've valued the company as a high risk investment (to be conservative) at around 30 cents (even though I don't think it is high risk at all). The share is offering a substantial discount to its intrinsic value and has a very low PE ratio of about 4. For FY2014, they have guaranteed income and have just received an additional prospect of $16.2 million of work from the Australian Government! Ticks a lot of boxes in my opinion.
Can anyone explain any reason why people haven't seen this as an awesome buy with fantastic growth prospects????!!!
It seems a little odd that companies making negative profit can be priced at $3 (e.g. Xero) and a share with almost guaranteed profit for the next few years is 10 cents. Hard to fathom the world we live in...
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