Forum Archive Index - July 2002

["Kevin Krebs" <KevKrebs@paradise.net.nz>]

The latest preliminary results show a surplus profit of $5.4 million.

This is 35% better than in the original prospectus. If the volume of

machines under their management keeps increasing and the vendsmart program

continues to enhance revenue this would be good. The establishment of Nathans

Finance has created a financing tool for furthur growth.

      As from todays price the shares are now trading at a P/E ratio of approx 10,

very low for a high growth company. Ultimately the company's performance should

 reflect in the share price, i will be watching with interest.

   

(adding a few to the portfolio)

 

  

 Just happened to be passing one of their managed machines on the weekend,

brought some hot chips,not to bad, very convenient.