ETC entertainment media & telecoms corporation limited

ready for a run soon - profit upgrade coming up, page-8

  1. 164 Posts.
    Top pick

    This company may be on the verge of some real success.
    As I said to you earlier, technically they do not seem as appealing but fundamentally, they look enticing.

    The Verizon deal will provide $AUS 150,000 a month in positive cash flow alone and the footprint this creates on a global level in enormous.
    Rentalworks, their major financial backer must also believe in their potential to invest $10 million in capital to acquire and expand on a truly global level .

    I do see some short term movement based on positive news however, I now view this stock as a medium to long term hold.

    The only downside that I can see is the due diligence process on the GALAVU acquisition not being finalised as anticipated in December.

    What are your views on that?

    Thanks

 
watchlist Created with Sketch. Add ETC (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.