XAO 0.14% 8,567.0 all ordinaries

Short Term Trading Week Starting: 18 Mar, page-52

  1. 9,788 Posts.
    lightbulb Created with Sketch. 101

    BCC is an interesting looking stock.
    Presso out today is well worth a read.
    MC is 12.6 million tonight and they have 1.5 million cash and 3.5 million of overdraft facilities which are unused. No debt.
    Top 20 own 80% of the shares with ex Netcomm CEO Dave Stewart holding 20% of the company.
    They are returning to sustained profitability in FY 19 and many of their products are experiencing strong growth.

    looks like a break of 25 cents would be very significant for them.

    https://hotcopper.com.au/data/attachments/1474/1474722-92caee98969ad1f127c86c9b56a1d232.jpg

    It strikes me that it as a profitable tightly held micro cap growth stock with 1.5 million cash in the bank and plenty of untouched overdraft facilities it could be a potential ANO type runner.

    from the presentation

    https://hotcopper.com.au/data/attachments/1474/1474729-f5c194fd5a78ad442333d1e722b3d5e9.jpg

    https://hotcopper.com.au/data/attachments/1474/1474731-f0b6ce39e313bcb71c5071879011dc53.jpg
    It looks like revenue will be at least 17 million this year going by the figures they have given

    https://hotcopper.com.au/data/attachments/1474/1474732-0dee903a3c1603dfb44ef670b358295e.jpg
    Last edited by RockstarJones: 19/03/19
 
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