ETC entertainment media & telecoms corporation limited

ready for a run soon - profit upgrade coming up, page-8

  1. 164 Posts.
    Top pick

    This company may be on the verge of some real success.
    As I said to you earlier, technically they do not seem as appealing but fundamentally, they look enticing.

    The Verizon deal will provide $AUS 150,000 a month in positive cash flow alone and the footprint this creates on a global level in enormous.
    Rentalworks, their major financial backer must also believe in their potential to invest $10 million in capital to acquire and expand on a truly global level .

    I do see some short term movement based on positive news however, I now view this stock as a medium to long term hold.

    The only downside that I can see is the due diligence process on the GALAVU acquisition not being finalised as anticipated in December.

    What are your views on that?

    Thanks

 
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