HCL HighCom Limited (Prev XTEK Ltd (XTE)

[Rawz]

Scroll down for agm presentation.page 8.

https://cdn-api.markitdigital.com/ap...df02a206a39ff4

thanks Percy

i like:

FY24 Opportunity Pipeline & OutlookThe Group has an opportunity pipeline of leads at various stages of qualification worth more than $375m:
• Technology Division – is pursuing multiple drone related Acquisition & Support Contract opportunities across the region valued >$75m.
• Ballistics Division – has a global pipeline of opportunities >$300m for lightweight body armour, ballistic helmets, and ballistic shields, with customers such as the UK MoD, US DoD, US DoJ.

Based on current sales and business development activity being progressed around the world, and the continued tailwinds for the sector, the Group is positive about maintaining continued revenue growth and profitability in FY24.

And this is trading on a 7 P/E with no debt!! Its a goodie

[Rawz]

Xtek on sale. i can only assume because of the director notice saying Chris Fullerton is ceasing to be a substantial holder. But it is because he is retiring after 5.5 years service!!!

i bought another 5,100 shares with the last remaining funds in my sharesies account lol. Bargain at 41.5cents imo!!!

[percy]

I topped up on Friday @ au.4591 cents,[thanks to Craigs Dunedin].

Crickey.
I paid too much Rawz.
41.5 cents.Great buying.

[percy]

https://cdn-api.markitdigital.com/ap...df02a206a39ff4

Name change to HighCom Limited tomorrow.
New Code is HCL.

[Rawz]

Who can update the thread to “HCL HighCom- undervalued microcap with huge potential”

[percy]

Who can update the thread to “HCL HighCom- undervalued microcap with huge potential”

Think we have Vince to thank.

[Rawz]

Trading has been up n down like a yo yo.

Not sure if punters are concerned about a potential capital raise for an acquisition after their latest presentation? I dont know why somebody would be unhappy about this? Its been singled before and would open up this so called 'blue ocean' USA defense spend that HCL could get a piece of

[Sideshow Bob]

Still in a bit of a downward trend, even with less volume going through now have Regal have sold down.

Expect that the next meaningful update won't be until the end of February with the HY result....

[thedrunkfish]

Trading has been up n down like a yo yo.

Not sure if punters are concerned about a potential capital raise for an acquisition after their latest presentation? I dont know why somebody would be unhappy about this? Its been singled before and would open up this so called 'blue ocean' USA defense spend that HCL could get a piece of

Im puzzled as well, perhaps the fact they indicated it was easier to acquire existing rather than secure new govt contracts? I suspect there is alot of competition in the USA market, but I see good value here. Decent cash reserves, no debt, growing revenue, only factor for me is the business isn't particularly unique in alot of ways.

[percy]

What we did not know..
https://cdn-api.markitdigital.com/ap...71621-3A636170