But its not a great company either asf.
Take a look at the returns they are generating on their capital. Circa 10%. Doesn't foster much confidence that they can fuel good growth via retained earnings.
I thought the result for 13 was disappointing as the all the previous years were "clouded" by the Field Services debacle. I had hoped with a purely IT business they'd hit 10c a share and they didn't get close.
Nicolli's excised a cancer, but it turns out the firm has other issues, which, although they aren't terminal, might hold them back.
You could argue, I suppose, that it'd be nice to see how they perform in a market where the Government is actually spending money on IT.
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