EMM 0.00% 0.7¢ electrometals technologies limited

looks good. not too many companies at this price level, and...

  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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