No longer any need for Appendix 4C (the quarterly cash flow...

No longer any need for Appendix 4C (the quarterly cash flow statement)
- after having 4 previous quarters of positive cash flow.
They should be reporting their half year sometime in Feb.

Still many years of high growth ahead in the cloud computing/managed services space.
All 3 recent acquisitions are all about building up skill sets/capabilities and moving up the food chain. Their hybrid cloud capability and skill sets means they are now capable of playing in a much bigger sand pit - and will be bidding for much higher value work.

Panthacorp & Cloud House are top performing unlisted much smaller outfits without the financial muscle of a publicly listed BPF. The 3 companies have worked well together in the past - it is definitely a win-win to join forces with BPF. These are friendly acquisitions with the founders/CEOs staying on (a positive) to run the businesses, as part of a bigger and much better resourced outfit.

It is cloud space land grab time - IMHO the company is doing everything right to establish itself as an important front line player. There is time yet to focus on bottom line profit.