CLT 0.00% 2.6¢ cellnet group limited

Ann: November Trading Update, page-16

  1. 1,780 Posts.
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    Regardless of where CLT's numbers end up at the end of FY21.

    Based on first 5 months of FYTD trading,

    mcap: $17.4m (@7.5c per share)

    earnings: $2.8m

    P/E based on first 5 months earnings: 6.2x

    Tell me that's not cheap.

    I think people forget that most gamers in Australia haven't even got their little hands on a PS5 or the new X-box yet - so they haven't even started buying new games and gaming accessories.

    In terms of 5G adoption driving new iphone / android case sales, well there's still heaps of potential 5G users who are waiting for Telstra/Optus/etc to upgrade their network - so I think the tailwind from 5G is just starting.
 
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