HCL 4.76% 22.0¢ highcom limited

yes plenty of mentions of potentially offloading inventory and...

  1. 2,940 Posts.
    lightbulb Created with Sketch. 1110
    yes plenty of mentions of potentially offloading inventory and signing contracts across the globe, but:
    - this is a small/micro cap that has just recently become profitable so no real track record,
    - they have had 3 large orders driving that profitability over the last 2 years
    - they have minimal cash so challenging to fund certain type of orders unless paid in advance (look at EOS)
    - the shareprice is 40% below a similar point in time 4 years ago despite what appears to be significant progress

    Consistent profitability, positive cashflow, winning orders, recurring/long contracted revenues etc will be needed over a decent period of time for the shareprice to reflect a change in sentiment.

    I'm not looking for the next 1-2 announcements to pop hte price by 5-10%, but rather mgmt able to show a sustainable business generating ~$10m in profits with decent cash conversion and then you can easily see this hit 80-100c
 
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