kresta -leap of faith

Kresta Holdings (KRS) claim to be Australia's largest manufacturer and retailer of window blinds and covers. The company at 15 cents per share commands a market cap of $22 million. This combined with $4.2 million net cash at 30 June 2013 gives an enterprise value of slightly above $18 million. The enterprise value in proportion to the ~$100 million 2013 revenues makes Kresta an interesting investment proposition (Sales / Enterprise Value = 5.5x)

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http://australiansmall-capcompanies.blogspot.com.au/2013/09/kresta-holdings-time-to-get-blind.html