With my luck some upstart protesters will start making noise about Rakon being involved with the US military and it will all turn to sh..e
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With my luck some upstart protesters will start making noise about Rakon being involved with the US military and it will all turn to sh..e
Every minister will now be aware that defence is going to be high on the list of concerns in democratic nations.
Its going to be a voting concern about securing the air space and seas.
Any companies that operate here that are technology driven surely will now be seen in a new light.
Balance sheet looks ok and able to trade.
Not paying anything yet but really being a tech company would rather see profits ploughed back into growth.
India plant looks interesting.
This has got to be more interesting then care beds ..
Cant be that NZ is tech investor shy.
MR B has just trashed ARV but is this going to be the next big performer on the NZX.
Notice the increase in profits in the PL and the relationship between admining the company and growing it.
Same cant be said for health care.
Come on DIC SNOP and Winner(>=n) not even slightly interested?
Yesterday's webinar worth a glance
https://www.youtube.com/watch?v=nPMLUHsVSTM
looking like it wants to form a base here before moving on up.
Our head engineer rather likes this company and thinks it could turn out to be a Winner(n)...
Not sure why all the talk is on care beds and sleepy retirement stocks...
From the Chairman's address at last years ASM...
“The Board appreciates the loyalty of its shareholders who have continued their investment and recently joined the Rakon register and assures shareholders that if the forecast results for FY2022 are achieved, and there is no significant capital requirement on the horizon, we will pay a dividend in respect of the 2022 year.”
Following the August ASM the company has upgraded the guidance twice from that given at the meeting so it is probably fair to assume the "forecast" results for FY2022 have been achieved for YE 31/3/22!!!
There has been no announcement of “significant capital requirement on the horizon”
So can we assume a dividend will be paid in respect of the 2022 year? If so of how much and will the index huggers (fund managers) finally realise we have another real growth stock on NZX ??:cool:
No worries there …. It seems a strong defence is a necessity to social sustainability so investing in guns, missiles, bombs etc is OK
Citi analysts saying, “We believe defence is likely to be increasingly seen as a necessity that that facilitates ESG as an enterprise, as well as maintaining peace, stability and other social goods.”
Dividend next week or too soon - maybe next year ? ;)
If not mistaken, the maidens have been kept waiting a fair while ?
QUALCOM firing ahead on IOT and wireless.
This manufacturer is underrated on the NZX.
Engineering types understand it better than your average SHAZ.
Almost month into FY period finished up and they should've good handle on numbers. They should be within guidance issued on 10th Feb this year as per below:
"It now expects Underlying EBITDA(1) for the year ending 31 March 2022 (FY2022) to be in the range of $49 million to $53 million, ahead of the guidance for $44 million to $49 million given on 12 November 2021 and confirmed on 25 November 2021."
Now it remains to bee seen what divvy they will deliver to shareholders (especially those long term holders since IPO days) and more importantly outlook for FY23. My gut feel is that it'll be gobbled by some US chip maker giant sooner than later.