VMX 0.00% 41.3¢ valmec limited

Ann: VALMEC MARKET UPDATE, page-3

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  1. 1,940 Posts.
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    EBITDA estimated at $5.7m that is $900,000 up on last years EBITDA. IMO any company which can increase their EBITDA in this sort of financial climate has done a good job. We cannot dissect the financials until we get the final FY20 accounts but it certainly does not add up to a gloomy future for them despite the downturn in the oil and gas sector as well. I am comfortable with this announcement. Good to see a comment that the John Holland claim is still alive and in progress.
 
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