Tough crowd!!!! This is sensational considering that the result includes a one off charge of $445k or .6c in earnings. That makes the 1.9c earnings even more special. On the flip side they have flagged that all tax losses will be used up this half. So we have a 2.5c pre tax earnings base for 2016. With all the cash they hold surely we will see reinstatement of franked dividends. Plus we have an active buy-back in place, potential for more acquisitions. This feels like one of the easiest holds in the market. Not hard to imagine a 3 in front of the price in the coming 6 months.
KKT Price at posting:
20.0¢ Sentiment: Buy Disclosure: Held
