ZGL 0.00% 7.0¢ zicom group limited

About time for a profit update isn't it?Based on 7 month old...

  1. 235 Posts.
    About time for a profit update isn't it?

    Based on 7 month old booked financials this company looks cheap in comparison to peers IMO. Guess investors are just cautious given the drop in profit for 2012 vs 2011.

    Given the chairman's appraisal of the situation at the AGM, IMO I doubt they can hit their stated target of a greater than 40% profit increase for 2013 (announcement back on 17 July). Nevertheless, I would expect even a marginal increase in profit (5-15%), or even a similar result to 2012, to provide a significant drive for the share price, just my thoughts of course.
 
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