HCL 8.82% 15.5¢ highcom limited

Ann: XTEK Limited H1 FY 23 Results - Investor Update, page-63

  1. 511 Posts.
    lightbulb Created with Sketch. 449
    Current financials, crikey we get picky compared to a few years back.

    "The Group expects FY23 Revenue to exceed $82m based on
    current sales and business development activity being
    progressed around the world"


    If Regal, or Uwe is selling, does not matter, everybody has their reasons, does not always mean anything to do with the company.

    Highcom = good business, Technology Division= good business

    But I'm not here for that, only real interest, catalyst for me = blue Sky

    = The Xtclave

    "The Group is developing plans for XTclave manufacturing into the US and other regions in FY24, based in
    particular on the growing global interest and attention for our “AK47 stopping” Level 3 Rifle Combat Helmet"

    Been a long, long road, and a few mistakes made.

    However if a JV can be established with a current Helmet manufacturer and supplier to the US army would be a huge tick and uplift, especially if a machine or 2 could be installed there, or secondary in Europe.

    Besides that an order for Aussie or European helmets would be the next best fit from our SA plant.

    That's what ticks my boxes for the next 12 months, or maybe an acquisition, current fundamentals are sort of knowns.

    See how it pans out, but pretty exciting place to be, innovative and a surging theme

    Cheers Guys





 
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