I've been holding Konekt for almost a decade and there have been a lot of ups and downs. I'm impressed by current management, however, and everything seems to have been going quite nicely for the last few years.
Konekt was built by merging a number of smaller companies, and has made some acquisitions in the past. Even a small (and not too indigestible) acquisition could push revenue up towards $40m, which would have a significant effect on earnings given the scale of fixed overheads.
And if no acquisitions eventuate, current earnings alone could probably justify 1.5 to 2 cents a year in dividends.
KKT Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held
