ICS 0.00% 57.5¢ icsglobal limited

whats going on, page-10

  1. 4,326 Posts.
    see ann to shareholders today.

    this is a slow process but the light at the end of teh tunnel is once up and running smoothly with customers connected there will be little expenditure. That is the time when the SP will rocket. Income will be a steady sream and no-doubt this will become a dividend paying company for the long term.

    I note they are finding it hard to crack the oz market, not that its a big deal as the international market is much much larger and volume transactions will dwarf australia. However they state they have commenced littigation against MediCare from the outside they seem to have a case and could be in for a decent compensation figure if the claims are substantiated.

    fingers crossed but this is a good long term play imo.

    regards
    Davo
 
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