KKT 0.00% 65.0¢ konekt limited

I follow here, the management appear to be doing an outstanding...

  1. 96 Posts.
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    I follow here, the management appear to be doing an outstanding job.

    relationships with insurers and government bodies defense/Medibank seem strong.

    Profit was stellar especially if you back out the $425K one off investment in 'strengthening the core' you get over $1M in EBIT on a run rate basis that is a MC / EBIT of roughly 5 with net cash of $2.4M.

    Future prospects:
    - Steady as she goes growth, if the company shows consistency and begins to payout dividends this could be favorable to the share price over the short term

    - A corporate acquisition at a multiple below 4 x EBIT would be accretive and give Konekt enough scale to attract investors and squeeze out more synergies
 
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Currently unlisted public company.

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