EKT is having the turnaround most companies would like to have at the beginning of the economic recovery.

The change of management and subsequent restructuring has brought the desire effect on the company fortunes, by eliminating loss making business and careful control on cost, they had managed an operating profit on all the three divisions at the Interim stage.

The good news has not finished there, as new products were introduced and were well received and the next stage will be for expansion on the Far East markets on selected niche areas of component distribution.

A 14% reduction on borrowing at a time of restructuring is very significant to the aims of the company for the future.

At 6.875p the shares have plenty of upside from now on, not only from the recovery on profits, but also from the most likely return of dividend at the final and that will be the icing on the cake for the share price.

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the company is well worth having a peek..
http://www.elektronplc.com/

company is in its growth.. bad news has been filtered and now is 6.25p to buy..