For those of you who live / know someone that live in new estates, you must be familiar with Opticomm.
They are the infrastructure and operator company behind all the fibre installation in majority of new estates that are not covered by NBN.
Currently they have installed & operating Fibre on over 30 estates around Australia. With another 30 estates on the way. They install fibre connection at a faster rate than NBN does.
Each household paid between $350 - $550 for installation fee. Some estates have more than 5000 homes. So that's an instant revenue.
They also receive recurring commission from ISPs (Internode, iiNet, iPrimus, Exetel) since they are using Opticomm fibre infrastructure to serve internet to households in those estates. And FYI, their internet pricing is much better than NBN. :)
At the moment, anything that has the word "fiber optics" is HOT! I actually see in 2-3 years time, NBN will buy out the Opticomm business lines and merge it under one roof.
At this price, HIL is a steal! The valuation for the Opticomm business alone is much higher than the Market Cap.
HIL Price at posting:
$1.07 Sentiment: LT Buy Disclosure: Held