inflection point technology, page-17

mithril,
I have been accumulating ZGL for the past 18 months. I have been buying on the basis of some of the factors detailed by 3500 and bcsiles. I like the fact that it is trading significantly below NTA, has a lot of cash in the bank, has some well established businesses that have proven track records of consistently making profits and the potential of these 3 new businesses that I think will make this company. I like that they aren't going out and raising capital to support the new business but like 3500 said using the funding from the profitable businesses to fund the start-ups.

To get an incite into the management of ZGL, I think it would have been easy for them to continue to be a boring business maintaining just their offshore engineering, concrete mixer and other engineering business. But I think they have shown great foresight to look to leverage their existing skills to grow the company.

I also like that management have skin in the game. I think this is around 60% of the issued capital. The problem at present is that this stock is basically being totally ignored. Any sniff of potential success with any of the start-ups will see this stock significantly re-rated. I see this stock going to 60 cents in 2014.

Comments in response to the above are welcome.

DYOR