LBL 1.42% 69.5¢ laserbond limited

Ann: LaserBond 2022 Annual Report, page-7

  1. 383 Posts.
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    Given how fast and profitable its growth rate is, I’m happy for cash to be retained within the business

    Given commodity prices are at insane levels, now would be the opportune time to win further contracts or expand on existing (Thinking BHP and Rio), certainly wouldn’t want to be capital constrained IMO

    Note they expect revenue to double again by FY25

    Appears to be large Tech sales in late FY22 that they couldn’t recognise due to delays in delivery (See top right on pg 10 of report)

    So that already sets up a good start to FY23

    This company seems to be a bit of a hidden Gem, happy for it to stay cheap to be honest, happy to add at these prices


 
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