Ann: Appendix 4C - quarterly, page-45

If we put all figures on table from the last 2 years, we will see the increase of 20% in rev YoY. Pretty decent chart really. Also the major income is coming from winning contracts in its core uniformed security. The events stuff and cctv will be the bonus an d seasonal profit yet to be harvested. In the next coming months, we will looking for the approved for operation in NSW which will open another significant source of income.
existing works are stable and constanly generate good income as well.
In summary, this tree is growing steadily and strongly. Similar to old CNW stock last year, this stock is too cheap at PE = 4 for a 20% running rate