EMM 0.00% 0.7¢ electrometals technologies limited

first ever profit for emm, page-4

  1. 21,227 Posts.
    looks good. not too many companies at this price level, and market cap, that turn in a profit. with a nice sale, already announced, then it is a no brainer that there will be a profit, in the second half. just a guess, but it would not surprise me, that there could well be a $500,000+ profit for the second half - making a nice 3/4 million $ for the full year

    the balance sheet looks nice and clean. the profit was 9% of revenue. with a $4m order for the current half year, and the and given that overheads, as a percentage of revenue, should be llower, then the percentage profit on revenue, should be higher. throw in a bit of extra revenue, and that is how watso has a guess of $500,000 + for the coming half year
 
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