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Unaudited results announcement posted.
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CROESUS U.T.
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 Originally Posted by CROESUS U.T.
Obviously not many holders around, over 5 years since the last post!
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54,205,249 shares on issue at 14cps gives a market cap of $7,588,730.
Revenue is a very modest $4,577,302 and a yearly loss of $65,656.
Carried forward are tax losses of $3.8 mil.
Still nothing here to attract me.
I note there is a seller at .10 with 200,000 shares/.At 10cps the market cap would be $5,420,524.
Last edited by percy; 01-10-2020 at 03:34 PM.
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CROESUS U.T.
Originally Posted by percy
Still nothing here to attract me.
With the bulk of their earnings in USA and US Govt encouraging public transport they seem to have made steady growth with a positive forecast from the company.
FOR THE SIX MONTHS ENDED 30th SEPTEMBER 2021
•Company revenue for the six months to 30th September 2021 was $3,590,952 showing an increase
of 132% compared to the corresponding six-month period in2020 of $1,545,811.
•The profit before tax for the six months to 30th September 20 21 was $379,904, which compares with a loss before tax of $21,944 in the corresponding six-month period in 2020, an improvement of 1831%.
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Originally Posted by CROESUS U.T.
With the bulk of their earnings in USA and US Govt encouraging public transport they seem to have made steady growth with a positive forecast from the company.
FOR THE SIX MONTHS ENDED 30th SEPTEMBER 2021
•Company revenue for the six months to 30th September 2021 was $3,590,952 showing an increase
of 132% compared to the corresponding six-month period in2020 of $1,545,811.
•The profit before tax for the six months to 30th September 20 21 was $379,904, which compares with a loss before tax of $21,944 in the corresponding six-month period in 2020, an improvement of 1831%.
Yes a very good 6 months result.
Pleasing seeing positive $ 212,206 cash flow from operations.
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Member
The director that resigned i think is the same guy hired to save scf.
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Originally Posted by beetills
The director that resigned i think is the same guy hired to save scf.
Chris Lee does not have anything good to say about Sandy Maier in his book about South Canterbury Finance .A good read.
The Billion Dollar Bonfire
Chris Lee
3.53
17 ratings4 reviews
The collapse of South Canterbury Finance (SCF) is one of the biggest New Zealand stories of the last decade. The sweep of events, from Timaru to the Beehive, includes some of the most revealing moments on issues critical to this country - from poor governance and systemic uses in the finance sector, through to the structural risks this exposed and the costs it ultimately presented to all New Zealander's
296 pages, Paperback
Published January 1, 2019
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