NTC 0.00% $1.10 netcomm wireless limited

ntc management , page-13

  1. 1,358 Posts.
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    re: 70& increase on net profit If you read their report carefully that 70% increase in net profit was for last years profit in relation to the previous years profit. Unfortunately that is history now.

    NTC is not going to generate another 70% increase in profit for this financial year. I think they will struggle to make a similar profit to last year, especially after reporting a first half-loss which is what they are forecasting.

    NTC won't release a full-year profit outlook until some time early next year.

    I think there is much better value elsewhere. check out ATZ. This one is sitting on a forward PE ratio of around 8, however heaps of growth to come through acquisitions.
 
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