XAO 0.14% 8,567.0 all ordinaries

BCC is an interesting looking stock.Presso out today is well...

  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
 
watchlist Created with Sketch. Add XAO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.