Orion Health

[Carpenterjoe]

One of the major criticisms from investors about the OHE management was that they refused to provide any sort of financial forecasts. Now they have provided forecast for next financial year and their plan to cut down expenditure. At least now investors can compare their actual performance against their forecast. Their R&D expenditure is crazy and not sustainable.

just skimming the annual report, I thought their cost cutting plan was targeting R&D, (seems they fired 40 staff in april) surprised to see staff numbers growing for R&D and Shrinking for all other divisions except for managed services? Maybe one last push on R&D then serious fat trimming.