SEN 4.00% 2.4¢ senetas corporation limited

Ann: Market Update, page-44

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  1. 5,003 Posts.
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    the company most definitely does not hype .

    I was referring to the constant hype on here.

    Yes it has terrific products, in a space which should be growing so has huge potential.

    Whether the numbers are improving depends on which year you compare to - we have still not equaled their peak year and are probably struggling to equal NPAT the year before that.

    I bought in at a disastrous price in 2015 and only by averaging down aggressively have been able to end up with a decent average.

    By this time next year I will have held the stock for 4 years - unless there is a decent improvement in sales and profit then I am gone - too many other good stocks that have as much potential. I look at the other shares I bought at the same time as Senetas and they have performed way better (except for one which is as much of a woofie as Senetas is).

    I am not a trader, but I am also not going to hang onto a non performing share for a decade.

    I responded to a poster who said maybe it was time to get out (and clearly someone is dumping millions of shares at 10c over yesterday and today), that it was too early, but I still believe that next year is the critical year. Takeover complete, all products available for purchase, certification complete, if sales don’t start happening in a major way then they aren’t what the market wants. I have been in IT for 40 years - yes network upgrades can take years to go through the process of rft and tender evaluations and implementation - but 4 years? Not so much....
 
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Last
2.4¢
Change
-0.001(4.00%)
Mkt cap ! $37.71M
Open High Low Value Volume
2.6¢ 2.6¢ 2.4¢ $5.859K 226.9K

Buyers (Bids)

No. Vol. Price($)
1 1618 2.4¢
 

Sellers (Offers)

Price($) Vol. No.
2.5¢ 5400000 1
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Last trade - 16.10pm 18/10/2024 (20 minute delay) ?
SEN (ASX) Chart
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