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22/12/15
20:50
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Originally posted by Novac
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Quanta
This will hit radars overnight. Been listed less than a week and it's always a good sign when you're in before the HC herd. In all my years of investing, this has to be a unique opportunity. back in the GFC days companies went down to being valued at cash backing. This is barely valued above cash and is extremely profitable.
What I found interesting is since June 2015 they have 3 products. Up to June 2015 they earned $6.3m after tax. I'd expect the second half of the year to be greater than $6.3m
Anyhow, still pinching myself with this one
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I hear you loud and clear Novac. In my years of experience in the market this is strong FA.
Revenue growth and profit to rapidly expand due to visibility of being a publicly listed company.
Lets see where the market takes her.
Hopefully the chinese pro traders pump the SP as they did with MJP. This tight capital structure is set up for this too.