Thank you @Mattycarcar, Hopefully the Q2 results will show some...

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18/01/23

21:39

Post #: 65761452
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Originally posted by Mattycarcar: ↑

im no expert, we have the following coming
Q2 results due within 10-12 days
Then the half yearly tallying financials mid feb
ALC has expanded defence deal by 5 million or so already over the following 57 months (making the defence Jp2060 project the largest customer)- this is for a 80,000 size defence force I believe- and defence has got scope to expand significantly to double what it is contracted for a year now
They landed another UK trust.
so tbh they have been 1-2 contracts light this quarter so far I reckon; one more I would have thought.
So it's probably the anticipation of the above
And they have said they are on the cusp of being profitable. When WSP announced a few months ago they were now profitable it's share price jumped 40% that day.
thats all I can think of
Oh and new announcements into new regions; India, Europe, UAE all on the cards for this year

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Thank you @Mattycarcar,

Hopefully the Q2 results will show some good numbers. Alc has so much potential as we all know. Its been a tough hold for many but I believe the wind of change has arrived and hopefully we will see the price jumps that we were used to back in the day. ALC would really pump hard on good news with 500k parcels at a time as the norm. Linewipe after linewipe, If we see those sort of days again it will be very exciting times.

ALC Price at posting: 16.0¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

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