Great presentation.
The market is missing this completely.
Cash is now $3.2 mil in the bank. Increasing every month. Thats 3.2 cents per share. Debt is gone.
Overseas businesses gone. 33% ebit on Australian business with new more profitable Telstra contract and Vodafone contract only begun. The optic business becoming profitable this financial year.
New businesses being evaluated.
Market cap is $5.1 mil less $3.2 mil cash leave $1.9 mil.
The net profit this year without the unprofitable businesses and restructered reverse contracts will look like something over $2 mil.
Very undervalued compared to other IT/Telco companies trading on big revenue multiples and not making a profit.
- Forums
- ASX - By Stock
- REF
- Ann: CEO presentation to shareholders
Ann: CEO presentation to shareholders , page-2
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add REF (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
SPONSORED BY The Market Online