With our new Chairman driving growth and recent wins I think we should see some growth.
For BWM, the CBA account is in question come 30 June (based on what I read online). Although they have just signed up the Athletes Foot account which is a decent size.
Naked Communication has also just snagged the AFL account.
The real growth is in the overseas market and I believe this will be where the company will be directing its resources. Our new chairman has indicated this and given his experience and contacts abroad, I think this is where the real growth will come from.
Further as the company is currently restricted from paying a dividend (I think its for 5 years) due to the earnout arrangements, this company will therefore accumulate significant cash reserves. Clearly a takeover target.
PGA Price at posting:
88.2¢ Sentiment: LT Buy Disclosure: Held