ADA adacel technologies limited
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Tax sellers gone. This one is on the way up. Thorney Holdings...

  1. Ousia
    723 Posts.
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    01/07/02
    09:55
    Post #: 32030
    Tax sellers gone. This one is on the way up. Thorney Holdings have recently increased their holding from 9% to 13%. ADA have forecast a doubling of revenue in fiscal 2003 to around $115-120million. Profitiability for high-end software license sales is around 25%. Net profit for fiscal2003 should be around 6-7million. Presently trading at a forward P/E of around 6.6. Should close today around 5% higher.
    ADA Price at posting: 0.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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