ECT 0.00% 0.2¢ environmental clean technologies limited.

esi set to rocket

  1. eer
    786 Posts.
    Some figures to mull over.
    2001 revenue $20.5m profit $1.7m
    2002 21.8m 1.3m
    2003 14.9m (2.9m)loss

    With 74m in contrats in the bag and 16m as prefered tenderer and we are in the first quarter.Revenue has to be in the order of 50m+ for 2004 expecting a profit of arround 4.5m+.Cash in the bank and no debt or rights issues in sight. Let the dividends flow.

    Sounds a bit different to the risks in the current boom sectors?

    If they get an enersludge contract up this could make these figures look like small change.

    Can this stock stay under .30cents for long.

    Sandhurst were the sellers on the last announcement in July selling 1.2m shares can only presume they are spoilling the party this time. Just another chance to top up on some more cheapies.

    All those profits from the biotec sector need a home.
    The slightly more sedate sector will have its day and I don't think it will be more than weeks away.

    Go you good thing; and Sunday Joy in the Turnbull as well.

    Figures from annual reports and my guess work in the future. Do your own research to invest.
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