As an observation, I think it is ironic that SKG has not risen significantly on this announceent compared to others.
Some of the other announcements I dont think justified spikes in the price. For example the roaming/billing agreements. But to see such a growth in revenue, and positive cashflow for 3 quarters despite heavy expenditure on expansion, is significant.
I am not saying that SKG is a cash cow profit machine either. but to be cash flow positive while getting a foothold as one of the leaders in wireless broadband in australia, plus the singapore dealings, i think is much more important and positive than billing arrangements, yet the price has settled barely moved.
Sentiment rules over reality. SKG needs a new climate of tech positve to move. I think there are a couple of undervalued ones out there right now, some of which I dont own.
SKG Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
