I've recently become interested in Savcor as a good recovery situation. The company have stated recently, and by follow up phonecall, that they will make a profit for the full year of approx. $13M EBITDA after a small loss for first half. That should result in around 3-4c per share in earnings for the half year. They are involved in rehabilitation for infrastructure/mining and mobile phone components which are both growth areas from here I would have thought.
Oznog
SAV Price at posting:
15.5¢ Sentiment: Hold Disclosure: Held
