CNW 0.00% 6.1¢ cirrus networks holdings limited

Hot sector. Proven board. Cash in the bank. Increasing revenues....

  1. 162 Posts.
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    Hot sector. Proven board. Cash in the bank. Increasing revenues. Consistently signing on new clients. Suggestion of desire to pursue an east coast acquisition. Entirely new sales portal opened up via government contracts. More and more companies will seek to intergrate their business into the cloud every month. And the sp is 4 cents? Pull the other one Mr. Market The only thing IMO keeping a lid on this from a fundamental perspective is margin. IMO Cirrus will improve on this quarter on quarter simply put down to receipts appreciating quarter on quarter. When they start to generate a profit look out. Competition will become rife in this sector for sure but I look at the caliber of people behind this company and am confident they can execute strong market penetration. One only has to look at the performance of fellow managed/cloud services company BPF as a prophecy for where Cirrus sp could end up in the near term. BPF Generated 29 million in revenue last FY resulting in a profit. Tonight they sit at 40c. If Frank and co can properly monetise L7 alone ignoring all the other potential revenue flows and IMO they have the obvious personnel to do so this will go gangbusters.
    Last edited by yellowpuma: 10/12/15
 
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