BPF bulletproof group limited
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  1. BigLeon
    773 Posts.
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    16/12/15
    08:32
    Post #: 16623061
    I agree, reminds me of BGL, you could see their recurring revenue base grow month on month, earnings accretive acquisitions, the results get released (not out of line with expectations) and suddenly the market wakes up!

    Look at the Q1 results - $9.75M revenue, almost the same as whole of HY15 at $11.9M

    Operating cashflow $1.6M for the quarter.

    I think the market will be somewhat surprised at how well BPF are doing when they release their HY16 results.
    Last edited by BigLeon: 16/12/15
    BPF Price at posting: 38.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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