Hello Zinc & Gents,
Firstly, you must also be aware that I'm not trying to downramp this pup either as on many occasions prior to this report I have called this one of my best spec buys based on cash on hand vs market cap etc.
However, after reading the Half Yearly I would NOT touch it for the following reasons-
* WITHOUT the recognition of previously deferred revenues, the company actually made a LOSS of $1.467million
* Has ongoing issues with ACCC and TIO complaints which will cost it further $$$.
* Has net LIABILITIES of $8mil
This is just my opinions BUT after reading the report I am no longer looking at them as a good spec buy.
Good Luck
- Forums
- ASX - By Stock
- very bad result
NTG
national telecoms group limited
Hello Zinc & Gents,Firstly, you must also be aware that I'm not...
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STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
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