TPP 0.00% 8.8¢ tempo australia ltd

Tempo Mining Services. They just released their full year report...

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  1. 2,671 Posts.
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    Tempo Mining Services. They just released their full year report for calendar year ended 2015. Highlights MC $26M NPAT $6.7M ROE 50%, Cash at bank $7.5M. $56M in retained losses not brought to account so that's another $17M free kick. Or put it another way, 100% conversion of Net Op cashflow to NPAT for the net 4 to 5 years depending on profitability. Op Cash flow in Oct- Dec quarter was $6.6M so the run rate is looking pretty damn good at the moment.....dare I say $26M run rate ? I note Geoff Wilson is just starting to look at some mining services companies now. The smart money says stay away from mining services but some very smart money,as noted above, says start having a look.
    Last edited by Ivanovich: 24/02/16
 
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