Snow Leopard
31-08-2018, 02:40 PM
Primero Group (https://www.primero.com.au/):
A multi-disciplinary engineering group specialising in the design, construction and operation of global resource projects.
I have a soft spot in my portfolios for reasonable engineering companies and this is now one of them.
Full year announcement, out today, was for NPAT of A$5M2 or 5.6cps on revenue of $85M2 but that was pre-IPO (& fewer shares).
The IPO saw them raise A$20M of new cash at 40c per share which is still sitting on the books and with 149M shares that equates to 13cps (with another 6cps+ of NTA). Presumably they will do something productive with that cash.
https://www.google.com.ph/url?sa=i&rct=j&q=&esrc=s&source=images&cd=&cad=rja&uact=8&ved=2ahUKEwja1s-MoJbdAhVIo48KHSVPA_sQjRx6BAgBEAU&url=https%3A%2F%2Fblogs.technet.microsoft.com%2Fma chinelearning%2F2017%2F06%2F27%2Fsaving-snow-leopards-with-deep-learning-and-computer-vision-on-spark%2F&psig=AOvVaw0BPnMuuw6mBY4hVl1tAfir&ust=1535769142055163
They reckon that the coming year looks rosy so at 44.5c a share from your nearest broker it may be something that is of interest to you.
PS: This picture and link has nothing to do with Primero
https://msdnshared.blob.core.windows.net/media/2017/06/062317_0041_SavingSnowL1.png
Saving Snow Leopards with Deep Learning and Computer Vision on Spark (https://blogs.technet.microsoft.com/machinelearning/2017/06/27/saving-snow-leopards-with-deep-learning-and-computer-vision-on-spark/)
A multi-disciplinary engineering group specialising in the design, construction and operation of global resource projects.
I have a soft spot in my portfolios for reasonable engineering companies and this is now one of them.
Full year announcement, out today, was for NPAT of A$5M2 or 5.6cps on revenue of $85M2 but that was pre-IPO (& fewer shares).
The IPO saw them raise A$20M of new cash at 40c per share which is still sitting on the books and with 149M shares that equates to 13cps (with another 6cps+ of NTA). Presumably they will do something productive with that cash.
https://www.google.com.ph/url?sa=i&rct=j&q=&esrc=s&source=images&cd=&cad=rja&uact=8&ved=2ahUKEwja1s-MoJbdAhVIo48KHSVPA_sQjRx6BAgBEAU&url=https%3A%2F%2Fblogs.technet.microsoft.com%2Fma chinelearning%2F2017%2F06%2F27%2Fsaving-snow-leopards-with-deep-learning-and-computer-vision-on-spark%2F&psig=AOvVaw0BPnMuuw6mBY4hVl1tAfir&ust=1535769142055163
They reckon that the coming year looks rosy so at 44.5c a share from your nearest broker it may be something that is of interest to you.
PS: This picture and link has nothing to do with Primero
https://msdnshared.blob.core.windows.net/media/2017/06/062317_0041_SavingSnowL1.png
Saving Snow Leopards with Deep Learning and Computer Vision on Spark (https://blogs.technet.microsoft.com/machinelearning/2017/06/27/saving-snow-leopards-with-deep-learning-and-computer-vision-on-spark/)