re: turnaround stock of 2006!/now 28.5c Going up!
Subject re: stop fiddling around with your minnows
Posted 14/03/06 10:20 - 35 reads
Posted by macrae12
IP 61.69.xxx.xxx
Post #142863 - in reply to msg. #140718 - splitview
Destra doubles net profit; positive outlook
10:03, Tuesday, 14 March 2006
Sydney - Tuesday - March 14: (RWE Australian Business News) -
Destra Corporation Ltd (ASX code: DES) lifted net profit attributable to
members 107.5 per cent to $470,000 in the December half from $230,000 a
year earlier.
Revenue rose 73.5 per cent to $12.08 million from $6.96 million.
Earnings before interest and tax fell 9.2 per cent to $510,000
from $570,000.
Expenses which adversely affected the December half and will not
recur in the June half include costs associated with the unsuccessful
Artist & Entertainment Group Ltd (ASX code: AEM) transaction.
The December half result was in line with expectations and
Destra remains on target to achieve earnings before interest and
tax of $1.2 million for the full year.
The positive operating cash-flow performance reflected
underlying profits, seasonal factors associated with the Christmas
trading period and favourable working capital movements.
Cash at bank minus short-term bank borrowings was $2.2 million
with total loan facilities approved to $3 million at the date of this
report.
Second-half earnings will be bolstered by a six-month
contribution from the Rajon group (acquired in December) and also
benefit from the increasing commercialisation of the company's Destra
Media assets through partnerships formed with Intel, 3 Mobile, Harvey
Norman and others.
The company has yet to pay a dividend.
Subject re: stop fiddling around with your minnows/ up aga
Posted 02/03/06 15:40 - 30 reads
Posted by macrae12
IP 61.69.xxx.xxx
Post #141146 - in reply to msg. #139006 - splitview
27.5c - no-one is listening Owen:)
Subject re: stop fiddling around with your minnows
Posted 28/02/06 01:39 - 36 reads
Posted by macrae12
IP 61.69.xxx.xxx
Post #140718 - in reply to msg. #139354 - splitview
Up again to 27c
Subject re: stop fidlling around with your minnows/ up 6%
Posted 17/02/06 12:43 - 32 reads
Posted by macrae12
IP 61.69.xxx.xxx
Post #139354 - in reply to msg. #139006 - splitview
A turnaround story of 2006
Subject stop fidlling around with your minnows/ up 14%
Posted 14/02/06 12:24 - 80 reads
Posted by macrae12
IP 61.69.xxx.xxx
Post #139006 - start of thread - splitview
DES was 14.5c on the 02/02/06
Destra deal with Intel
11:02, Tuesday, February 14, 2006
Sydney - Tuesday - February 14: (RWE Australian Business News) -
Destra Media, one of the business arms of destra Corporation Ltd (ASX:
DES), has signed an agreement with Intel to distribute and sell
destramusic.com's 1.3 million digital music tracks via Intel's Viiv
technology PC/home entertainment platform
Subject analyser - next turn around story
Posted 03/02/06 18:29 - 66 reads
Posted by macrae12
IP 61.69.xxx.xxx
Post #137642 - start of thread - splitview
http://www.destra.com/
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