lewinsky
11-01-2004, 09:22 AM
HWE could be worth a look. The shares went up 10cents on friday on an announcement of winning an additional $226million worth of business.
I took the time to pull their annual report off. Made losses last two years but have a lot of business stacked up. Made a profit in the last six months and is turning a good operating cashflow.Debt levels are coming down.The NTA is $1.10 and this could be a turn around situation. The share price is $1.02 which is the sort of price that I like where small gains can add good value. Has been paying dividends up to 2002 and looks set to resume in 2004.
I am in at 99cents. Not a case of ramping but could be worth keeping a watch on this.
Also keep a watch on PCG. Another company that looks as though it is starting to move.
Good investing for 2004 everyone!
I took the time to pull their annual report off. Made losses last two years but have a lot of business stacked up. Made a profit in the last six months and is turning a good operating cashflow.Debt levels are coming down.The NTA is $1.10 and this could be a turn around situation. The share price is $1.02 which is the sort of price that I like where small gains can add good value. Has been paying dividends up to 2002 and looks set to resume in 2004.
I am in at 99cents. Not a case of ramping but could be worth keeping a watch on this.
Also keep a watch on PCG. Another company that looks as though it is starting to move.
Good investing for 2004 everyone!