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
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