I'm quoting the numbers from Kneppy's read of the Mayfield Group results tonight -
1 - No Surprises
2. - All to do with tax credits which were at $341,000 this financial year - I think the previous year was approx $4 million and a Presentation by Management must be addressed to communicate with the market.
3 - Net Tanagable Assets - Up
4 - Cash position growing from $5 million to $16 million over the last year and with revenue up 10% and profit down 12% - market has oversold MYG in his opinion .
5 - Mayfield Group at a inflection point of growth as Regional Australia losses 3G in telecommunications, the electrification of the grid and the switch to renewables only gathering pace.
Also Defence contract's as the CEO spoke about recently.
I'm quoting the numbers from Kneppy's read of the Mayfield Group...
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