DEM 3.57% 14.5¢ de.mem limited

Ann: Investor Presentation, page-3

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  1. 491 Posts.
    lightbulb Created with Sketch. 180
    It is a gem underrated. The company is a silent achiever.

    In the quarterly activies report report announced on 20/01/2021, it is stated that "strong outlook momentum for calendar year 2021,with 13 m of visible cash comprising of 3 m cy2020 contracted cash receipt and 10 m of recurring cash receipt.

    Pleasingly today it is stated that visible 14 m cash receipts comprising 10 m recurring and 4 m contracts as at March 2021.(page 5)

    The company is performing. Though maybe new contracts are not material and below the threshold to announce them. I am happy with the progresses as flood goes with drips.
 
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