ZGL 0.00% 6.5¢ zicom group limited

Ann: New Investment , page-5

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  1. 7,635 Posts.
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    The aim of ZGL is "to expand it with a global outreach"
    To my mind the purpose of the new venture ( which is largely funded by grants,I must add) is to provide not only "translating" services ,but rather a comprehensive service to get a product to market "provide industrial product design ,support for clinical trials and regulatory approvals ,product manufacture & commercialization efforts"
    The outfit will place ZGL in an enviable authoritative position....It will bring more revenues to its Precision engineering division & may allow ZGL to acquire the odd financially struggling ventures.
    ZGL is very well placed with surplus cash , know how & large engineering design and manufacturing capabilities.
    Apart from all this gobbledygook....The old profitable but boring Zicom is still there.....it does give some comfort that it is not purely speculative.
 
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