CCG 0.00% 6.3¢ comms group ltd

I very much doubt that supposition about Vonex having anything...

  1. 228 Posts.
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    I very much doubt that supposition about Vonex having anything to do with the CCG shareprice. Vonex have never issued a profit and seems to be wasting money on a platform to go head to head with Cisco Web X, Zoom, Teams and the UC clients.

    What will be interesting to see is if CCG do an update on their mid year result. If they can replicate the mid year result over the full year they will be looking at a $2.5NPAT.

    Based on current valuation that gives a PE of around 3-4 and that seems low to me.

    I've been buying small lots but waiting for an update a to go in a bit harder. I'm seeing this as 10-15c stock potentially.

    If a dividend is declared that will show they believe in their longer term. If not it will show they are worried to a degree or being very cautious.
 
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