Latest micro-cap of the week is Supply Network Ltd (SNL).

Some stats from latest result:

Market cap = $12.5m (at 42cps)
P/E = 7.6
Yield 3cps / 7.16% (plus franking)
P/S = 0.29
Pr/NTA = 1.01
EV/EBIT = 5.44
ROE = 13.5%

SNL is a supplier of components to road transport industry. This is their "third successive record result".

Outlook:

Supply Network Limited is in the middle of a three year organic growth plan that is expected to deliver compound revenue growth of around 7% p.a. with steady improvement in EBIT. This financial year, the second year of our plan, will see continued investment in capacity expansion and customer service improvement. These investments will constrain EBIT growth in the short term but by the end of the third year Supply Network will have built strong foundations for continued growth in the years ahead.
Put on the watch list, though (based on outlook) it may be better for 2012.