HCL 3.45% 14.0¢ highcom limited

only provider for UAV course & Defence top 20 contractor, page-24

  1. 6,402 Posts.
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    I hope to get in touch with its auditor when I am back to work, but if you let me predict based on market known information, depending on how the accountant is running accrual revenue and expenses, it will be somewhere around 300-500k with 3.xx mil cash in the bank (30% deposit on UAV order and cash profit from 1H plus existing base), with 7.xx mil order on hand (majority of UAV order and 2H XClave test)

    if you check my previous post, I predicted that the only reason they did reverse consolidation is to anticipate/facilitate dividend distribution!!! the historical fact is the chairman got his share at 1c or $500,000, so that's 10c distribution or current MC by $1mil will get his money back.
 
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