BLV 0.00% 1.6¢ blossomvale holdings ltd

Def good news. The BRR IV is worth listening to. The CEO almost...

  1. DSD
    15,757 Posts.
    Def good news. The BRR IV is worth listening to. The CEO almost brushes over the fact that revenue in Q109 is over 50% of rev for whole of FY08!! The 6 month report next Feb will be outstanding and the mkt will realise what a gem this company is. Worth repeating that NMS is not affected by the downturn in mining engineering work and stk prices. I think a div is def on-the-cards in FY09. The underlying strength of company demonstrated by SP halving since August whereas most mining engineering firms have dropped by 75%. Hence, NMS done twice as well as other engineers/contractors. A new contract ann will see SP soar. They have plenty tenders in so very likely more work will be forthcoming fairly soon.
 
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