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Waltech on PLUS t/o up from 1m for 12 months to 3m+ for 6 months! (WALP)     

Peter J Hippey - 30 May 2007 11:31

Free Hit Counter

WARNING Please note I have not verified the information contained in this thread so PLEASE DO YOUR OWN RESEARCH

Turnover up 500% on annualised basis upto Dec 2006!!word077.gifWALP.jpgpsl_2.gif Now in Profit, costs "largely fixed" gross margins "high"
p.php?pid=staticchart&s=OF%5EWALP&p=5&t=p.php?pid=staticchart&s=OF%5EWALP&p=0&t=
PAYMENT SYSTEMS WEBSITE


word050.gif


AQUISITION OF PAYMENT SYSTEMS 24/5/07


INTERIM RESULTS 13/03/07



Waltech has now become PSL (click on announcement above) turnover & profit growth looks to be impressive:

TURNOVER
3,000 (9 months)
1,002,000 (12 months)
3,188,000 (6 months to Dec 2006)


PROFIT
(213,000) (9m)
(1,029,000) (12m)
162,000 (6 months to Dec 2006)


From Interims:

Gross margins are HIGH and our cost
base largely FIXED While PSL is now cash positive on a monthly basis we
expect PSL to benefit from a significant degree of operational gearing as
turnover continues to improve.

BAYLIS - 03 Jan 2008 22:11 - 9 of 9

CHEERS
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