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.
- Forums
- ASX - By Stock
- NTC
- ntc management
ntc management , page-13
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NTC (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online