re: Ann: Appendix 4D and Interim Financial Re...
littlecorn
"ACG 20mil with about 1mil profit a year, RHT 25mil close to breakeven. the only chance ISN go through this is to see every Chinese city people hold one of this machine on street looking at their smart phone:)"
Fully agree with your statement the question we need to ask ourselves now is will ISN get the predicted growth and with the share price now at 23 cents is it now a realistic value if it gets an operating cash flow of 3.6 mill in 2015, 8.5 in 2016 or 40mil in 2022? Maybe we are still a little to forward looking with a market cap of 60mill depending on how realistic their projections are. Will it be able to earn more than ACG and RHT over the next few years, probably hopefully ?
Still making my mind up on this one and will do some more home work.
The last time I looked at ISN it was a no brainer with the share price around 65 cents I couldn't figure out what all the excitement was about and asked the question with no reply just goes to show. Doesn't take much to do the numbers from reports that are usually giving the optimistic side of things.
ISN Price at posting:
23.0¢ Sentiment: None Disclosure: Held