https://stocknessmonster.com/announc...asx-2A1243002/
https://stocknessmonster.com/announc...asx-2A1243003/
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No surprises after quarterly update but boy this $120m mcap company is generating cash!
$31m operating cashflow FY incl $9.7m Q4
https://lh6.googleusercontent.com/z3...03XotVQvQ25cnC
Incredible keeping the rigs working through Covid 19 interstate travel restrictions.
Revenue increasing , debt reducing,and paying a divie..
Not a bad word in here , should be 75 cents by now ......(fingers crossed one day)
https://stocknessmonster.com/announc...asx-2A1257032/
Q1 2021 looks great compared to pcp. But compared to Q4 2020 revenue up a little and ebitda and cashflow down a little - ie margins down. Can anyone comment on seasonality of earnings?
There are some charts in here with 1st half vs 2nd half if that helps.( there is a rainy season etc )
https://stocknessmonster.com/announc...asx-2A1209243/
Thanks Stoploss. No clear pattern there. Still, management upbeat and certainly in better shape than 12months ago despite lower share price (allowing for share split). Very cheap compared to free cashflow.
Just ran through the last few reports and it looks like it is def setup for a great year ahead. In my opinion it’s in the undervalued basket atm.