BRIERTY LTD. Engineers of mining operations DANKE

Brierty Limited is engaged in the activity of civil contracting. The Company operates in four business segments: Transport Infrastructure, which includes urban and regional roads, highways, public rail, port and airport infrastructure; Resources Infrastructure, which includes rail formation, airport runways, siteworks, concrete and pavement works; Land Developments, which includes earthworks, drainage and service installation, sewer reticulation, roadworks and sub divisional infrastructure for the creation of housing lots; Mining, which includes site preparation, including stripping overburden, siteworks for building infrastructure, roadworks, tailings dams, residue disposal areas, roadworks, rail formation and airstips, as well as surface mining. Bellamack Pty Ltd is the Company's subsidiary.

Numbers
Market Cap 24.7M AUD
Sales 188M AUD (increase from 60M in 2004 and from 136M in 2010 not bad considering housing and market bust, mining engineering is booming)
Quarterly Sales Growth 18%
EBITDA 10M AUD (they lost only in 2008 and only 2M AUD when other companies went bust)
Cash 3.6M AUD
LT Debt 28M AUD
Employees 244
Assets 100M AUD
Liabilities 65M AUD
Shares Outstanding 110,000,000 (increase from 80,000,000 in 2004)
Float 38,000,000
Major Shareholders


Resume: 0.22AUD$ penny stock is down 85% from 2008 at the same time company is profitable and growing, debt is not an obstacle to long term growth, micro market cap but their is very big market and they are diversified serving every part of it, over 40% of the shares are owned by company founders and current management, you don't invest in the dark, you put your money where their mouth & money is already is. It's safe to invest with insiders, not many stocks have this kind of insider ownership (almost all my stocks in this blog). This is infrastructure stock at the price of a box of matches. Once it will break correlation with the market, it will be too late. You decide.