FND 7.34% $4.97 findi limited

Ann: Positive half year results following strong growth in India, page-7

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  1. 835 Posts.
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    Completely agree,

    One thing to factor in is the fact they have deployed 600 of 2505 ATMS for CBI contract.

    Once these all start to get up and running, scale should come into it.

    Only thing that stopped cashflow generation was the increase in debtors (See receivables go up $4 million).

    Balance sheet is strengthening and should see returns come thick and fast.
 
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