simon
Agree with you.... it's better than nothing !
nathan
Imagine how many of these minuscule contracts we would need to actually change market sentiment ? It would be a lot more than 10 !
Fact is we have 1 new contract !
If we need to wait for net profit from these type of contracts to hit the bottom line for the market to change it's sentiment this will be many, many years away.
We are a listed company and we are in bull market.
Many companies now are making profits. The market is not going to suddenly embrace Intermoco if and when it might start consistently making a profit.This is what a business must do to be called a business otherwise it's gone.
Have a look at a company called Vocus ( VOC ) similar industry with incredible earnings growth. This is the type of thing required if we are to see a sp many multiples of where it is now.
Intermoco needs such a long time before any significant profit hits the bottom line. Then the market will need confirmation and re-confirmation due to firstly it being a speccy and secondly due to the overwhelming negative sentiment towards Intermoco built up over a long time.
Every successive management have earnt some of the blame.
Even this current management with their over promise and under deliver strategy.
As mljet has said we need to win at least one huge contract preferably two if shareholders are to have any significant success.
We are part of a market which goes up for many years and then down for some. Making consistent profits just means we're a viable business. We have not got 20 years although I suspect kiril has.
Good Luck !
My sentiment is - Very Long Term
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