SEN 4.76% 2.2¢ senetas corporation limited

Is my maths correct? Upside looks compelling, page-49

  1. 5,014 Posts.
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    Senetas has disappointed so many times that I don’t think rerating will occur on forecasts - people will want to see real figures. This was justified because the ARR growth ended up being less than predicted. I think ARR of 7-8 million might be a bit of a stretch - would be good though.

    There was a big dump of shares today and I took the opportunity to buy more. Definitely my final buy.

    August will be interesting - I hope not one of their whiny, excuse ridden results, but something positive. Not their profit though, which will definitely be negative.

 
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