LUM 0.00% 2.3¢ lumacom limited

Judge,DDT may have just turned the corner. Maiden profit just...

  1. 7,409 Posts.
    Judge,

    DDT may have just turned the corner. Maiden profit just reported for the quarter of $236K, revenues up by 22.8% for the quarter, $6.3mill in the bank and at least $2.2 mill in equity investments.

    I have to say I think LUM are doing much better now than the basket case they were during Sala's days, and they are doing the right thing by building up the business one step at a time. I like what I am seeing and you are right with the current marketcap there could be some decent appreciation if the figures keep increasing. I'd probably wait for another good quarter of results myself before looking at a holding.

    The thing right now is resources are steaming ahead so strongly and quickly, there is no point really holding any of these tech type stocks until the resource music stops.

    Cheers
 
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