AYG axxis technology group ltd

re-rating due, page-9

  1. 12,503 Posts.
    agree onshow

    same reason Im watching closely for a potential turnaround

    Although I dont like their balance sheet numbers, the long term debt is pretty much provided by related party/management, so that is also an incentive to keep the business going

    they did much of the dirty work in FY13,

    & makes FY 14 the year to deliver the turnaround.

    my main interests tho, apart from being in one of the ok sectors on the market atm

    The past financial year has been a transitionary year for Anittel. Whilst the business has not furthered the prior years improved operating results, financials should be viewed against this backdrop of transition to a different business model enabling Anittel to capture significant opportunities around the IT cloud revolution.

    cloud computing services is said to grow from US$15bl to 150 bl pa global industry in the next 5 years

    http://www.gartner.com/newsroom/id/2352816

    Im waiting for a few more signals to load up more

    still little risky atm but signs are there for potential turnaround
 
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.