AYG axxis technology group ltd

re-rating due, page-8

  1. 8,443 Posts.
    lightbulb Created with Sketch. 175
    So on closer look in the last 6 months they have made $432k and $588k increasing quarter on quarter.

    Total profit for last 6 months is Just over $1 million.

    Now that they have finished with the costly inferstructure spending needed to ramp up revenues from coming quarter onwards we should see some serious profit growth going forward.

    On current numbers AYG is trading at a PE of around 4.8 which is very cheap which doesn't included the reduction in expenses which will increase the bottom line profits.

    Good growth story at a ridiculous price for those willing to get in early.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.