EOS 6.16% $1.81 electro optic systems holdings limited

Ann: Q1 Cash Outcome and New Business Opportunities, page-33

  1. 63 Posts.
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    Agree there has certainly been some positive news out and the quarterly results were half decent.
    Number of board members have been greatly reduced and so have the number of Executive Officers - only 2 now. Ben is now part of the regular staff as head of innovation.
    I also like the fact that the Chairman Gary Hounsell bought 500,000 shares back in November at 60c.
    I also like the fact that WHSP is keeping them focused on collecting cash from customers and making sure projects are now done as cash flow positive rather than waiting to be paid at the end.
    If Ukraine deals come off and if we get something out of the Land 400 Phase 3 then should have decent revenue result for 2023 I figure equal or better than 2021 which was $212M which would be a record.
    But let's not get ahead of ourselves there are a few ifs there.
 
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