EML 5.08% 93.0¢ eml payments limited

Ann: Change in substantial holding from MUFG, page-22

  1. 3,629 Posts.
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    Lincolnman posted an article above from Tamim. It pretty much says what I was going to type here.
    I think EML focusing on its core business is the way forward from here. As a former pilot I can assure you it's better to fly with a dead engine than one that's producing some thrust, but is on fire. PCSIL was the engine on fire! Regardless what revenue it was generating, it could well have pulled the entire company down in flames as remediation dragged on for years.
    I like EML expanding into the MC space in Australia, as well as its diversified operations abroad.
    My figures are just a guess, but it's a poster here called Boony who is very good with revenue and EBITDA figures going forward. He's usually on the ball with that stuff....
 
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