SKS should deliver 24 mil revenue FY2017 which is likely to grow to 29 to 31 mil FY2018 . SKS is already an EBIDTA positive company . It should deliver 1.5 Mil profit in FY2018 . All these at 13 mil Mcap .
Run by the Peter and Greg Jinks (Directors and major shareholders) - a long and successful track record in establishing and trading electrical and audio-visual businesses. An investment in SKS is a vote of confidence in their ability to build on past success. (Peter and Greg Jinks founded KLM. KLM trebled revenue from $53m revenue in 2004 to $161m in 2009, to be a national service business with 800+ employees and one of Australia’s major communications and data network infrastructure contractors. PRG bought KLM early 2010).
More than 80% own by top 20 .Illiquid .Recipe for a multibagger .
KLM was a dividend paying company and IMO SKS is also going to that direction .No further CR needed as its cash flow positive now .
I took some in recent CR
DYOR
SKS Price at posting:
30.0¢ Sentiment: Buy Disclosure: Held
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