SCT - Scott Tech

[kiwidollabill]

I see they have also shifted the ex DC Ross operation to a site out at Mosigel (at least that is what the sign says...)

[Jerry]

SCT falling again. Still puzzled. It hasn't done well share-pricewise since the start of the year and especially since July. I can't see the Annual Report out yet. What is going on?

[winner69]

SCT falling again. Still puzzled. It hasn't done well share-pricewise since the start of the year and especially since July. I can't see the Annual Report out yet. What is going on?

Patience

Annual results sometime this month. Year end was 31 August so they have to the end of October if they need that long but probably come out before then

Scott not renowned for making many announcements ...just the necessary ones and no more

What you expecting?

[sb9]

SCT falling again. Still puzzled. It hasn't done well share-pricewise since the start of the year and especially since July. I can't see the Annual Report out yet. What is going on?

Results should be out sometime this week, I think. In the meantime big crossing this morning should take out that seller keen to offload over past few days.

1

1

10:04:07 am

300

950,000

$2,850,000

Off market

[sb9]

Bit surprised to see that FY results are not released yet...thought they would've been out by now.

[sanctus671]

It does seem like it is a bit delayed. Historically speaking it seems to be middle of October and on a Thursday so would've expected it last week, but perhaps they were aiming for tomorrow. Guess we will see. Probably a good thing given all the drama going on in the markets last week.

[sb9]

It does seem like it is a bit delayed. Historically speaking it seems to be middle of October and on a Thursday so would've expected it last week, but perhaps they were aiming for tomorrow. Guess we will see. Probably a good thing given all the drama going on in the markets last week.

Got this reply from Greg (CFO) re the FY results.

****
Thank you for your email. Earlier in the year we acquired a significant business in the Alvey Group in Europe and the increased size of the business now requires additional audit work to be undertaken. We hope to release our result early next week, depending on audit signoff and getting the Board together to approve the result and the release.

Kind regards

Greg Chiles
Chief Financial Officer
Scott Technology Ltd
p: +64 3 478 8439
m: +64 21 564 703
*****

[sanctus671]

Got this reply from Greg (CFO) re the FY results.

****
Thank you for your email. Earlier in the year we acquired a significant business in the Alvey Group in Europe and the increased size of the business now requires additional audit work to be undertaken. We hope to release our result early next week, depending on audit signoff and getting the Board together to approve the result and the release.

Kind regards

Greg Chiles
Chief Financial Officer
Scott Technology Ltd
p: +64 3 478 8439
m: +64 21 564 703
*****

Good to know. Thanks for getting that info!

[sanctus671]

2018 results out today:

Revenue $181.8m +37% $132.6m
Operating EBITDA $19.8m +21% $16.4m
Net surplus before tax $15.0m +1% $14.9m
Cash flow from
operating activities $0.6m $13.4m
Net cash on hand $12.5m $26.7m
Shareholder equity $102.9m $97.2m
Final dividend -
fully imputed 6.0 cps 6.0 cps
Full year dividend 10.0 cps 10.0 cps

[winner69]

Hey Sanctus what’s going on ....huge increase in revenues but stuff all increase in profit ....doesn’t seem good

And that cash flow figure is pretty abysmal

Is SCT still a gunna company