Australia's largest stock trading and investment forum Australia's #1 stock forum

KTG

Click for more information

0.00%

14.5¢ k-tig limited

Ann: K-TIG to commence trading on the ASX, page-50

First 50 Last

Share
Profile

Follow
RockstarJones

13,656 Posts.

467

09/10/19

14:54

Post #: 40795820
Share

Originally posted by 8horse: ↑

I'd say this one offers trading opportunities, but not investment grade yet.

It exported to 20 countries, but generated $1m - $2m revenue, current market cap $83m.

"K-TIG’s revenue model to date has been based on unit sales of the K-TIG System. K-TIG generated $1,239,710 of revenue in 2017, $2,236,196 of revenue in 2018 and $1,069,198 of revenue in 2019. The decline in K-TIG revenue in 2019 is largely attributable to the work undertaken on K-TIG’s conversion from unit sales to the proposed ‘Welding-as-a-Service’ (WaaS) business licensing model, and one time sales revenue to longterm recurring licencing revenue. Investors should be aware that K-TIG is currently loss making"

Expand

could be a more a case of there's currently only 55 million tradeable shares and the turn over today has already hit 18 million.

KTG Price at posting: 55.5¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

NWH

NRW Holdings inks $109M deal with BHP for works at Jimblebar

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

RAG

Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

MKT

The ASX can overlook its Telecomm smallcaps. Here’s one diversified brand with an international footprint

SHN

Sunshine Metals kicks off copper gold drilling at Truncheon; Highway East targets

There are more pages in this discussion • 198 more messages in this thread...

First 50 Last

Add KTG (ASX) to my watchlist

SPONSORED BY