BLT - Blis Technologies

**Gizzajob I can do that** · 21-07-2016, 03:45 PM

Originally Posted by pierre

Nothing I know of.

I think Yoda might be referring to the ASM which is being held on Friday 29th - not tomorrow.

All good then, thought I might be missing something.
Thought the Chairman might have advised us of the tv ads on his last update.

**patrick** · 21-07-2016, 03:45 PM

SP reaching 5c perhaps?

**simla** · 21-07-2016, 04:24 PM

That would probably depend on what, if anything, they project as profit? The second half profit will do fine. If they expect at least half a million of bottom line profit for the second half - that is a million over a year - then the wind is probably still behind the sails. But less than that seems likely to slow the enthusiasm?

The last annual report gave "Net deficit before depreciation, amortisation, capitalisation of costs, finance and tax" of -$347k, with another 556k depreciation etc. We might perhaps ignore the $347k as about the same as the estimate of the cost of the hot weather problem, but there is still a 556k loss to start from.

To get to a $1m profit from there would seem like a fair step still? It may depend on exactly how much they want to spend on costs to keep things moving? Or maybe the market isn't looking for much profit, just momentum? Uncharted waters for BLT.

**Yoda** · 21-07-2016, 04:45 PM

Ah yes , getting ahead of myself ! Good job i didn't book a ticket .

**pierre** · 21-07-2016, 04:56 PM

Originally Posted by simla

Uncharted waters for BLT.

You're right Simla, but let's hope the captain lets us know on Friday 29th how many rocks and reefs he can see on the radar and which direction he'll be steering the ship over the next 12 months.

A cautious indication of the likely profit for FY17 will be good to get at the meeting. I think any investors expecting $1m or more are very optimistic. We might receive a pleasant surprise, but I doubt it will be anywhere near that level.

Half a mill and a positive outlook for the future will probably keep the market happy around the current SP. Anything less is highly likely to disappoint and we'll be on the roller coaster again.

**pierre** · 22-07-2016, 10:13 AM

Originally Posted by patrick

SP reaching 5c perhaps?

Hi Pat. Any chance of borrowing your crystal ball?

**patrick** · 22-07-2016, 10:50 AM

Pierre
Yes certainly but u will have to pay hefty insurance to cover sudden breakage.
Pat

**pierre** · 22-07-2016, 04:43 PM

Originally Posted by patrick

Pierre
Yes certainly but u will have to pay hefty insurance to cover sudden breakage.
Pat

That wont be a problem Pat, if BLT keeps motoring ahead at the rate it's been moving over the past week or two!

I just hope the market expectation isn't racing too far ahead of reality. I guess we'll all know the situation next Friday - unless you can give your crystal ball a rub and let us know exactly what will be announced?

Cheers
Pierre