I am having a hard time being positive about the next couple of years unless some serious changes occur to monetary policy in the US and Eurozone. Politicians continue to kick the can down the road, while the “Takers”, those who consume more than they produce (via government benefits, cushy jobs etc), are currently far…
Month: December 2012
BigAir – Home of the Happy Dance (BGL)
It’s not very stoic to celebrate when an event outside your control affects your life positively, but it does feel good to have your original reasoning validated by a response in the market. Even though EBITDA for FY12 was slightly lower than I’d anticipated, BGL shot the lights out, recently paying a maiden 1c…
BSA – FY12 figures with some alarm bells (BSA)
Since my previous post on BSA’s latest result, the share price has now fallen back to the 20c mark, with a more lacklustre performance for year end. Let’s take a look at FY12 numbers: Revenue up 22% to $492m EBITDA up 1% to $16m NPAT $5.8m EPS 2.57c If we look at HY12…