EGN 0.00% 18.5¢ engenco limited

it's almost there!, page-3

  1. 235 Posts.
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    Has been a frustrating ride on this one. However you look at the likes of say a Maxitrans (MXI) mentioned in this forum which is 'similar' turnover and 'similar' space which has gone through a good turn-around in the last 18 months. It has shot back up to a market cap of $120mil on a 6.5% EBIT which shows by getting some of the fundamentals right, making a modest profit and communicating well it is possible to start clawing things back. The next 12 months will be telling for EGN to see if management can really start delivering on the promises it has made to shareholders.
 
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