Syft Technologies Limitd

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Originally Posted by percy

Will perhaps get a better picture of how the company is tracking, and a forecast at their agm in August.

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CEO’s webcast tomorrow (Thursday 4 June) at 3:00 pm may be useful also in getting an insight as to how company is tracking along with near term priorities.

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Originally Posted by Southern Lad

CEO’s webcast tomorrow (Thursday 4 June) at 3:00 pm may be useful also in getting an insight as to how company is tracking along with near term priorities.

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Thanks for posting,as I had forgotten about it.
Have now registered so "am good to go."

Another excellent presentation.
Expect [revenue] 52% growth rate.
Gross margin to increase.
Net profit margin and net profit to increase.
Although they are spending more on research and development,as revenue increases the % spent is not increasing greatly.
Appear to be watching their cash carefully, and allocating capital wisely.

Our man Doug certainly presents a confident view on the future of Syft. There are a number of exciting opportunities ahead and if Syft can capitalise on them today’s 84 cents per share will be a steal. Not without risk but having done your own research you might conclude its worthy a of a place in a balanced portfolio with a weighting appropriate to your risk profile.

https://www.usx.co.nz/uploads/paperc...pdf?1591923670

I note buying interest again in Syft shares.

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Originally Posted by percy

https://www.usx.co.nz/uploads/paperc...pdf?1591044336
Result is out.
eps well down from 4.91cps to 1.13 cps.
Revenue up 47% to $30.9mil..
Timing of sales has affected revenue and profit.
Of concern is their policy of capitalising development costs.
A great deal of costs have been added to the business in expectation of increased revenue.
Will perhaps get a better picture of how the company is tracking, and a forecast at their agm in August.

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That is the third time ive heard the Timing excuse thats too many for me.Goodluck.
I have never bought back this (and many other) stocks since my Feb 4th selldown.

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Originally Posted by Joshuatree

That is the third time ive heard the Timing excuse thats too many for me.Goodluck.
I have never bought back this (and many other) stocks since my Feb 4th selldown.

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Well we now know the buying has come from recent appointed director, Jeffery McDowell .
Brought a total of 92,034 at prices from 75 cents to 85 cents.

https://usx.co.nz/uploads/paperclip/...pdf?1592440369

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Originally Posted by percy

https://usx.co.nz/uploads/paperclip/...pdf?1592440369

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A couple of encouraging hires lately - the company is clearly still going hard for growth. Reminds me a little of A2 5 or so years ago when they reinvested all their income back into growth, until they started spewing more cash than they could spend. Obviously very different companies, but let's hope the same happens here.