ICS 0.00% 57.5¢ icsglobal limited

Ann: Chairman's Address to Shareholders, page-6

  1. 7,600 Posts.
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    A rare breed.
    Bought a few hundred Ks a couple of years ago at 2.5c before the 20:1 consolidation.
    Never looked at it...I can't sell because of the miserable liquidity ...And I don't want to sell.
    A hold for years to come.
    Grossly undervalued for an outfit with EPS CAGR of 25% for the last 5 years & possibly the next decade.
    EPS multiple of 50 is fair....Or MC $50m.
    A nice present for the grandchildren.
 
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Currently unlisted public company.

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