@vfrionicouldn't agree more, with everything going against the...

@vfrioni

couldn't agree more, with everything going against the company (slow decision making, DSA disaster) the company posted a very impressive result

given revenue of 28,413K their NPBT was 6,260K...that's 22%!!!!

extrapolating for another month and adding the company's prediction of 65% increased revenues for the last 5 months we should end up with approximately 72,220k in revenues or 15,888 NPBT or say 11,121K NPAT (assuming full 30% tax rate)

at market cap of 106m this is a pretty undemanding PE of 9.5x

the contracts worth of 40m the company is bidding for can only surprise

i have a feeling the company is turning around and could be vulnerable to someone bigger looking at adding dewatering business

cheers