ZNO 4.00% 2.6¢ zoono group limited

i mean...no. Are you new here? They have zero debt, a massive...

  1. 402 Posts.
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    i mean...no. Are you new here?

    They have zero debt, a massive and consistent profit margin, and a substantial pipeline of guaranteed revenue and future growth. I remember Paul also stated they have $millions in stock on hand ready to go, with overhead costs well and truly accounted for.

    Are you expecting COVID to disappear within 1, 6, 12, 24 months? Its not going anywhere soon dude. Plus i'm pretty sure sanitising products were around before COVID. You may argue there will be a dip once COVID has calmed down; speculative and who the hell knows when that will be.

    I normally hate dividends on growth businesses as its a short term, minor gain for potentially big funding risk but this seems like a no-brainer. Paul could not stress enough that the company pretty well has more money than they possibly know what to do with lol. If you don't agree with me watch the presentation again and see who many times he eludes to that fact.
 
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