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Thread: Connexionz

  1. #21
    Senior Member
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    Aug 2010
    Location
    Wellington
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    814

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    Unaudited results announcement posted.

  2. #22
    Senior Member
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    Aug 2010
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    Wellington
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    814

  3. #23
    CROESUS U.T.
    Join Date
    Apr 2012
    Location
    Wellington
    Posts
    58

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    2020 report https://usx.co.nz/uploads/paperclip/...pdf?1601318179
    seem to be making some progress

  4. #24
    Legend
    Join Date
    Jul 2004
    Location
    Bolivia.
    Posts
    5,159

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    Quote Originally Posted by CROESUS U.T. View Post
    2020 report https://usx.co.nz/uploads/paperclip/...pdf?1601318179
    seem to be making some progress
    Obviously not many holders around, over 5 years since the last post!

  5. #25
    percy
    Join Date
    Oct 2009
    Location
    christchurch
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    17,404

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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 04:34 PM.

  6. #26
    CROESUS U.T.
    Join Date
    Apr 2012
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    Wellington
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    Quote Originally Posted by percy View Post
    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%.

  7. #27
    percy
    Join Date
    Oct 2009
    Location
    christchurch
    Posts
    17,404

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    Quote Originally Posted by CROESUS U.T. View Post
    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.

  8. #28
    Member
    Join Date
    Aug 2015
    Posts
    393

    Default

    The director that resigned i think is the same guy hired to save scf.

  9. #29
    percy
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    Oct 2009
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    christchurch
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    Quote Originally Posted by beetills View Post
    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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